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Copenhagen jobs hit hard by Coronavirus Crisis

About 40 percent of lost full-time jobs nationwide occurred in Copenhagen and Tårnby

According to a new report from the Danish chamber of commerce, Dansk Erhverv (DE), the two municipalities of Copenhagen and Tårnby saw the highest number of full-time jobs evaporate during the Coronavirus Crisis.

Some 16,900 full-time jobs have been lost in the two municipalities – roughly 40 percent of the 42,000 full-time jobs lost nationwide.

Tårnby lost 2,750 – a figure that is higher than Aarhus and Aalborg combined, mostly due to Copenhagen Airport’s significant staff reduction. It signalled a 11.4 percent decrease in full-time jobs overall in the municipality.

“When we look at Copenhagen, its tourism, events, restaurants, cafes and nightlife have seen their summer earnings vanish due to restrictions such as the six-day rule, reduced opening hours and the like,” said Tore Stramer, the chief economist with DE.

READ ALSO: Corona-stricken economy shrinking less then first feared

Copenhagen is critical
Stramer contended that the two municipalities have a longer road ahead to recovery compared to others.

He said there was a need to support the affected businesses in the two municipalities and to step up testing and test result times in Copenhagen in particular.

“The capital is an economic hub that is of immense importance to the overall economic development in Denmark,” said Stramer.

“If growth in Copenhagen is halved, for instance, the growth rate in the rest of the country would need to be increased by 40 percent to make up for it.”

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