Unemployment in Denmark.

August 14, 2008

Crazy low unemployment in Denmark

( 2006-2008 ) Crazy decrease of unemployment in Denmark

Unbelievable. I always heard that unemployment rate could never be below 3.5% or so, because that is frictional unemployment. But during these last months is going quite low. I guess is because the way they measure it at Statistics Danmark. Or is sound proof of my macroeconomic class 101 about the Phillips Curve, that is the direct realationship between a high employment and high inflation.

2 Responses to “Unemployment in Denmark.”

  1. […] (See the difference in the wiki: recession), then Denmark has just got out of the recession. As I pointed out 2 weeks ago, it’s hard to believe we were in a recession with less than a 2% official unemployment. […]

  2. lu3enlightment Says:

    The definitive solution to unemployment already exists. – Do you want to know how? Watch Zeitgeist Addendum NOW at zeitgeistmovie.com

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