Unemployment rate in Denmark 2021, by age group
Receiving unemployment benefits in Denmark
By law, Danes have the right to receive unemployment benefits. There are requirements to be eligible for unemployment benefits in Denmark: being a member of an unemployment insurance fund called “A-kasse” is necessary as well as having earned a specific amount of money in the past. In addition, being registered at the Public Employment Service is required and as of January 2019, only people who have stayed in Denmark, Greenland, Faroe Islands or another EU/EEA country in seven out of the last eight years can claim unemployment benefits.
Labor market
Since 2012, the number of employed Danes was growing each year, but experienced a setback in 2020 due to COVID-19. The Danish labor market is known for the Flexicurity Model – a combination of market economy and a welfare state, and due to this model, the labor market can reflect the needs of employers and guarantee the welfare of employees which creates many possibilities for both sides.