Strong development in the Danish economy has resulted growth in jobs and a cut in unemployment. As a result, Denmark needs more overseas manpower. About 2.9 million of Danish residents are in the labor market and unemployment rate in Denmark is just 2.3%.
According to World Bank Group, Denmark has the most elastic labor market in Europe. The living standards of Denmark are above average to other European countries and high amount of free trade. Denmark’s GDP is higher than most of the other European countries and 15-20 per cent higher than that of the United States.
Denmark is one of the most spirited economies in the world according to World Economic Forum report 2008. Denmark's national currency, the Krone, is in reality linked to the Euro through exchange rate mechanism. The exchange rate is very stable at just about 7.45 Krone per Euro.
Denmark is home to a lot of multi-national companies, for instance, CSC, Dell, Microsoft and Nokia have placed huge global business centers in Copenhagen (The capital of Denmark).
According to World Bank Group, Denmark has the most elastic labor market in Europe. The living standards of Denmark are above average to other European countries and high amount of free trade. Denmark’s GDP is higher than most of the other European countries and 15-20 per cent higher than that of the United States.
Denmark is one of the most spirited economies in the world according to World Economic Forum report 2008. Denmark's national currency, the Krone, is in reality linked to the Euro through exchange rate mechanism. The exchange rate is very stable at just about 7.45 Krone per Euro.
Denmark is home to a lot of multi-national companies, for instance, CSC, Dell, Microsoft and Nokia have placed huge global business centers in Copenhagen (The capital of Denmark).