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Denmark to pass a job stimulus on Wednesday to stem unprecedented unemployment growth

Wednesday, 24 October 2012
A new jobs crisis package is on the way in Denmark as the Danish economy persistently remains at a very low performance level, not creating jobs as before. Thus unemployment seems to be a new threat and the government is seeking moves to redress it.


Prime Minister, Helle Thorning-Schmidt on Wednesday is reported to preside over a presentation of a new agreement to get the unemployed remain in work, reports various Danish and Swedish media sources.

The plan is being supported by companies in both the private and public sector and are now accepting that it is time for some helping hand to be given to the many thousands who crowd the benefit system, writes Jyllands Posten.

"We have always been concerned with the people who are about to lose their unemployment benefits. This is why we now do this agreement, "said Helle Thorning-Schmidt to radio Denmark.

The agreement shall be concluded between the Danish Employers' Confederation, DA, municipalities' and county association, and the Danish government, writes Jyllands Posten. The idea is that companies will be encouraged to take at least two candidates who are on the verge of loosing their unemployment benefits.

Employers can receive up to Dkr25,000, in the premium to recruit a person to the so-called emergency jobs.

The Danish premier is very happy that many employers support the approach.
"We are very impressed by the employers, both private and public, who have agreed into this agreement, "she says to Radio Denmark.

The details of the agreement are not yet known, but it is expected to be unveiled by the Prime Minister on Wednesday.

The government hopes that the system can get started in November when the budget falls into place, reports Danish Radio news.

According to reports, on the whole, the government will save 12,500 people from becoming fully unemployed and will sort of paying people for their benefits. The major force behind this is that the Danish job market has jammed and as the external export routes in Europe and the world remain suppressed, there is little evidence that the job market will rebound on its own soon.
by Scancomark.com Team


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