Denmark: unemployment insurance funds fear not being able to cope with increasing unemployment

According to estimates made by the employers’ association Dansk Industri (DI), presented at the start of the year, growth is set to fall by 2% in 2009, resulting in increased unemployment which could total 150,000 jobless in 2010. On a more pessimistic note, the economist Niels-Henrik Topp, from the University of Copenhagen considers that there will be 500,000 redundancies over the coming years, above all affecting the least advantaged sectors of the population. Currently, Danmark Statistik recorded 52,000 jobseekers in November 2008, which is equivalent to 1.9% of the working population, i.e. a 0.2 percentage point increase compared with October. However, experts predict that although this is a long way off the 350,000 figure for out-of-work people in Denmark in the early 1990s, the fall in demand for goods and higher exchange rates bring an increased risk of drastically reducing Danish exports, thereby bringing about a more rapid acceleration in unemployment than expected.
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of the working population, i.e. a 0.2 percentage point increase compared with October. However, experts predict that although this is a long way off the 350,000 figure for out-of-work people in Denmark in the early 1990s, the fall in demand for goods and higher exchange rates bring an increased risk of drastically reducing Danish exports, thereby bringing about a more rapid acceleration in unemployment than expected.

Fall in the number of affiliated members in unemployment insurance funds. Neve

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