The labour market in November 2020

Summary

The total unemployment rate increased from 11,1% in October to 12,0% in November. The general unemployment increased from 9,9% in October to 10,6% in November and the reduced unemployment rate increased with 0,2% to 1,4%.

There were on average 19.721 unemployed in November, (10,6% general unemployment) in addition to 2.616 part-time unemployed (1,4% part-time unemployment) in November 2020.

Unemployment by gender:

The total unemployment by men (general unemployment plus reduced unemployment rate) in November was 11,7% and 12,2% for women, or up from 10,8% for men in October and up from 11,4% for women in October 2020.

The unemployment by young people:

There were 2.240 young, aged 18-24 years unemployed in November 2020 (general unemployment excluding part-time employment) or up from 2.157 in October 2020.

The long term unemployed:

There were 3.919 long term unemployed (over 1 year) in November 2020 (excluding part-time employment) up from 3.614 in October 2020.

Open vacancies:

There were 154 new incoming open vacancies in November 2020 or down from 175 new incoming open vacancies in October 2020.

Foreign workers:

There were in total 168 work permits (all types of work permit) issued in November 2020 up from 151 issued work permits in October 2020. There were 25 foreign service companies registered to Directorate of Labour in November 2020. These foreign service companies employed 196 workers in November 2020.

There were 22 temporary-work agencies registered to Directorate of Labour in November 2020.

These temporary-work agencies hired out 403 workers in November 2020.

The unemployment forecast for
December 2020:

It is expected that the unemployment in December 2020 will increase and be between 11,9% and 12,3% due to seasonal unemployment as well as the Covid-19.

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