The Danish Labour Market receives Top Rankings in New Reports

investindk.com – 12/06/14
According to the World Economic Forum, Denmark remains one of the most competitive economies in Europe, receiving high marks for competitiveness in several areas, including innovative capacity and sustainability. When it comes to the efficiency of the Danish labour market, Denmark is second to none. The benefits of the Danish flexicurity system, with high flexibility in hiring and firing practices combined with a strong social safety net result in a Danish top position in the new 2014 edition of the Europe 2020 Competitiveness Report, published this week by the World Economic Forum. This underscores the strength of the Danish flexicurity model as a unique competitive advantage.

Trade Unions: Denmark has best working conditions The conclusions of the World Economic Forum coincide with the International Trade Union Confederation’s (ITUC) findings that Denmark is the country in the world with the best working conditions. According to the ITUC, Denmark is the only one out of 139 countries worldwide that gets a perfect score on all parameters of whether employers treat their employees and union representatives fairly. Harald Børsting, Chairman of the Danish Confederations of Trade Unions states:

– “The study clearly shows that Denmark is a good country to work in. The Danish model, in which workers and employers generally solve their problems together, works well”. This sentiment is shared by the employers. “We are pleased that the trade union’s own survey shows that Denmark is a country with a labour market model that works,” says Pernille Knudsen, Director of the Confederation of Danish Employers. Read More