Youth unemployment in Denmark among lowest in EU – The Post

Youth unemployment in Denmark among lowest in EU

Danes second to only Germany

Youth unemployment in Denmark is at 10.1 percent (photo: iStock)
June 4th, 2015 10:04 am| by Christian W

When it comes to having the lowest unemployment among young people under the age of 25, Denmark is very nearly the best in Europe, where it is only surpassed by Germany.

Figures from the EU statistics keepers Eurostat showed that youth unemployment in Denmark was just 10.1 percent, which is tied for second place in the EU with Austria behind Germany’s impressive 7.2 percent.

Last year, Denmark was ranked fourth in the EU with a youth unemployment rate of 12.3 percent.

READ MORE: Youth unemployment in Denmark falling dramatically

Southern discomfort
The Danish figures compare favourably with many south European nations, where the effects of the financial crisis continue to linger.

In Greece, unemployment among young people is at a staggering 50.1 percent, but while Spain and Italy are no slouches either at 49.6 and 40.9 percent, they have both improved by 3.5 and 2.4 percent in the past year.