Job Market Monitor
Denmark
Apprenticeship in 8 Countries – Australia, Denmark, Egypt, England, Finland, Germany, India, and South Africa
This report presents the results of the analysis of apprenticeship in eight countries: Australia, Denmark, Egypt, England, Finland, Germany, India, and South Africa. The study used documentary analysis as its central methodological approach, citing, summarizing, synthesizing, analyzing and critically reflecting on existing literature and data produced by international organizations, government agencies, universities, and research institutions. … Continue reading
Universities in Denmark – Cutting thousands of positions within faculties that don’t lead to work
Denmark is addressing youth unemployment by revolutionising the university system. It is cuttingthousands of positions within faculties that don’t lead to work, starting from humanities and social science courses, which will be first in line for the chop. There are currently 15,000 Danish students enrolled on courses with poor employment prospects. The government wants to … Continue reading
The Nordic Countries / Statistics on integration
Nordic Pocket Facts is the result of cooperation between the Nordic countries that began in 2011. It provides a picture of the similarities and differences of labour market integration in the Nordic countries. It also provides a tool for detecting, revealing and preventing barriers to integration such as discrimination Continue reading
Denmark / The Danish record offers no support for the social-spending-hurts-growth position
Danes are neither lazy nor poor. Despite high marginal tax rates (or perhaps because of them) they are about as rich, on average, as Americans are. The World Bank estimates that gross domestic product per capita in Denmark for the 2008-12 period at $59,889, compared with $48,112 for the United States. Adjusted for differences in … Continue reading
Denmark / A massive increase in highly skilled foreign workers
Denmark has seen a massive increase in highly skilled foreign workers in recent years, a new report has shown. According to fresh figures from the Danish Immigration Service (Udlændingestyrelsen), the number of educated people immigrating to Denmark from abroad has increase five-fold in the last two decades. Only 3,000 skilled non-EU foreigners entered the country for … Continue reading
Lego / To cut 380 jobs in Denmark
Lego, the Danish maker of colourful toy bricks, said Tuesday it would cut 380 jobs at its main plant in Denmark by 2015 as it moves its packaging activities abroad to slash costs. “For some employees it will be natural departures. Other employees will be able to acquire new skills and find other positions within … Continue reading
Denmark / 23,000 to lose unemployment benefits
Denmark’s ministry of employment has estimated that as many as 23,000 Danes will lose their unemployment benefits before the summer. The figures come less than two weeks after major changes to the Scandinavian country’s so-called ‘dagpenge’ unemployment system went into force. The ministry had previously estimated that only 7,000 and 12,000 workers would lose benefits, … Continue reading
Denmark / Flexicurity Adjustment: Max UI benefits period cut to two years from four years
The Danish model of mixing flexibility for employers, who can hire and fire personnel easily, with social security for workers, was credited with virtually eradicating unemployment in the Nordic nation, before the financial crisis hit.. The system differs markedly from those in neighbouring Sweden and Germany, where terminating an employee is often expensive and cumbersome. … Continue reading
Denmark / Saxo Bank to cut 266 jobs (17,5% of workforce)
Denmark’s Saxo Bank is to cut its workforce by 17.5 percent because of reduced trading activity, a source close to the company told Reuters. A total of 266 of the bank’s 1,513 employees will lose their jobs,” the source said. The bank declined to comment until after it had released a statement later on Tuesday. … Continue reading
Denmark – Danske Bank to cut 3000 jobs
Danske Bank unveiled plans to cut 3,000 jobs and sell 7 billion kroner (€900 million) in shares as Denmark’s largest lender looks for ways to increase its capital buffers. The measures were announced together with Danske’s third-quarter report, showing net income of 1.31 billion kroner, compared with a loss of 384 million kroner a year … Continue reading
Denmark – Vestas announces 1,400 job cuts
Danish wind turbine company Vestas is to cut an additional 1,400 jobs. Officials from the firm said that the move comes ahead of predicted sluggish demand in the industry next year, and will provide the organisation with some EUR 100 million in cost savings. The news comes after Vestas cut 2,335 jobs earlier in the … Continue reading
Denmark – Government cuts nearly 1,000 workers
Not since 1920 have so many state employees been fired Finance minister Bjarne Corydon (Socialdemokraterne) says the pain is not over (Photo:Scanpix) At a time when the prime minister, Helle Thorning-Schmidt (Socialdemokraterne), has said that stemming the rising tide of unemployment is at the top of her agenda, her government has now fired more state … Continue reading
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