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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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Presentation Transcript
the three elements of flexicurity
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)

unemployment
Unemployment

Per cent

EU 15

Denmark

USA

Japan

SOURCE: OECD (Employment Outlook, 2008).

employment security
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.

is globalization a threat or an opportunity
Is Globalization a Threat or an Opportunity?

SOURCE: The European Commission Special Eurobarometer,

The Future of Europe, May 2006.

low job tenure in denmark
Low job tenure in Denmark

Average job tenure, years

SOURCE: OECD (2004) and Eurostat (2005).

labour market regulation by law
Labour Market Regulation by law

Index, the lower the number the less regulation, 2003

SOURCE: OECD, 2004.

regulation by law and unemployment
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).

flexibility in wage setting
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.

participation in continuing education
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).

educational attainment
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.

people on public benefits
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.

expenditure on labour market measures
Expenditure on Labour Market Measures

Per cent of GDP, 2005

SOURCE: OECD (Employment Outlook, 2007).

the danish pension system
The Danish Pension System

Individual pensions

Labour market supplementary pensions

Public old age pension and supplementary mandatory pension scheme (ATP)