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Flexicurity and the Danish labour market

Flexicurity and the Danish labour market. Facts and figures. The three elements of flexicurity. Many job openings. Flexible labour market. High level of compensation. The ”learnfare” model. Active labour market policy. Unemployment insurance system. SOURCE: Madsen (2001).

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Flexicurity and the Danish labour market

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  1. Flexicurity and the Danish labour market Facts and figures

  2. The three elements of flexicurity Many job openings Flexible labour market High level of compensation The ”learnfare” model Active labour market policy Unemployment insurance system SOURCE: Madsen (2001)

  3. Unemployment Per cent EU 15 Denmark USA Japan SOURCE: OECD (Employment Outlook, 2008).

  4. Employment Security Scale from 1-10 – the higher the number the more secure, 2001 (3,9) (4,8) (3,9) (7,0) (8,4) (7,7) (8,2) (4,4) (5,3) (6,8) (9,4) (8,6) (7,7) (8,9) NOTE: Figures in brackets are unemployment rates in 2006. SOURCE: CEPS (2004) and Eurostat.

  5. Is Globalization a Threat or an Opportunity? SOURCE: The European Commission Special Eurobarometer, The Future of Europe, May 2006.

  6. Low job tenure in Denmark Average job tenure, years SOURCE: OECD (2004) and Eurostat (2005).

  7. Labour Market Regulation by law Index, the lower the number the less regulation, 2003 SOURCE: OECD, 2004.

  8. Regulation by law and Unemployment Unemployment, per cent 2003 ES GR FI DE FR IT BE Estimated line US PT DK SE JP UK IE AT NL Employment regulation index 2003 NOTE: A high number reflects tight regulations. SOURCE: OECD (2004).

  9. Flexibility in Wage Setting Per cent of employees where wages are negotiated Centrally Locally, but minimum wage centrally negotiated Locally 4 16 23 34 62 61 1989 2006 NOTE: DA/LO area. SOURCE: DA.

  10. Participation in Continuing Education Per cent of employed, 2003 NOTE: Covers non-formal job-related continuing education and training over the previous 12 months. SOURCE: OECD (2006).

  11. Educational Attainment Per cent of labour force (25-64 year-olds) with higher education Israel Israel Canada Canada Japan USA Japan Korea Belgium Finland Sweden USA Belgium Finland Denmark Sweden Norway Ireland Norway Australia Spain Ireland Australia Netherlands Korea UK Denmark UK Spain France Switzerland Netherlands Iceland Iceland Germany Switzerland Luxembourg Luxembourg France New Zealand Germany New Zealand 60 50 40 30 20 10 0 10 20 30 40 50 60 2004 2020 SOURCE: OECD and the UN.

  12. People on public benefits 1,000 people, 2006 Employable Job training, rehabilitation, etc. Early retirement (including65-66 year old pensioners) Less employable SOURCE: Statistics Denmark.

  13. Expenditure on Labour Market Measures Per cent of GDP, 2005 SOURCE: OECD (Employment Outlook, 2007).

  14. The Danish Pension System Individual pensions Labour market supplementary pensions Public old age pension and supplementary mandatory pension scheme (ATP)

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