After a lustre recovery from the 2008 financial crisis, the central bank has warned that the labour market faces a squeeze as unemployment falls, the population ages and young people shun vocational jobs. In a report issued on 16 September 2016 the bank says that the country is technically at full employment and that the economy could be hit if the country does not find ways of growing its labour force. According the central bank 3rd quarterly 2016 report, unemployment has now reached its 'structural level'. There are no labour reserves among the unemployed and signs of pressures on the labour market. The statement added that the clearest indications are reporting of labour shortages in both the construction and manufacturing sectors.
English: https://www.thelocal.dk/20160921/denmark-eyes-looming-skills-shortage …
https://www.thelocal.dk/20160915/danish-central-bank-warns-country-at-full-employment
For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.eu. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.
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