Artikel

The Danish labor market, 2000-2018

Denmark is often highlighted as a “flexicurity” country characterized by lax employment protection legislation, generous unemployment insurance, and active labor market policies. Despite a sharp and prolonged decline in employment in the wake of the Great Recession, high job turnover and wage adjustments worked to prevent increased long-term and structural unemployment. Most unemployment spells were short, muting the effects on long-term and youth unemployment. Recent reforms boosted labor supply and employment, targeting the young, elderly, and immigrants. Employment recovered to its structural level around 2015 and has since increased due to a favorable business cycle situation and structural reforms (particularly increases in retirement age).

Language
Englisch

Bibliographic citation
Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2019 ; Bonn: Institute of Labor Economics (IZA)

Classification
Wirtschaft
International Business Cycles
Geographic Labor Mobility; Immigrant Workers
Subject
flexicurity
business cycles
structural policies
youth unemployment
immigration

Event
Geistige Schöpfung
(who)
Andersen, Torben M.
Event
Veröffentlichung
(who)
Institute of Labor Economics (IZA)
(where)
Bonn
(when)
2019

DOI
doi:10.15185/izawol.404.v2
Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Andersen, Torben M.
  • Institute of Labor Economics (IZA)

Time of origin

  • 2019

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