The number of unemploye

The number of unemployed is forecast to be 65,000 in 2015. The number of people in the working age group, less disability pensioners etc., will grow by 10,000 to 2,860,000, and jobs by 70,000 to 2,790,000;[90] part time jobs are included.[91] Because of the present high demand and short supply of skilled labour, for instance for factory and service jobs, including hospital nurses and physicians, the annual average working hours have risen, especially compared with the recession 1987–1993.[92] Increasingly, service workers of all kinds are in demand, i.e. in the postal services and as bus drivers, and academics.[93] In the fall of 2007, more than 250,000 foreigners are working in the country, of which 23,000 still reside in Germany or Sweden.[94] According to a sampling survey of over 14,000 enterprises from December 2007 to April 2008 39,000 jobs were not filled, a number much lower than earlier surveys, confirming a downturn in the economic cycle.[95]

The level of unemployment benefits is dependent on former employment (the maximum benefit is at 90% of the wage) and at times also on membership of an unemployment fund, which is almost always—but need not be—administered by a trade union, and the previous payment of contributions. However, the largest share of the financing is still carried by the central government and is financed by general taxation, and only to a minor degree from earmarked contributions. There is no taxation, however, on proceeds gained from selling one´s home (provided there was any home equity (da:friværdi)), as the marginal tax rate on capital income from housing savings is around 0 percent.[96]

The Danish welfare model is accompanied by a taxation system that is both broad based (25% VAT, not including excise, duty and tax) and with a progressive income tax model, meaning the more money that is earned, the higher income tax percentage that gets paid (minimum tax rate for is 42% scaling to over 60%, except for the residents of Ertholmene that escape the otherwise ubiquitous 8% healthcare tax fraction of the income taxes[97][98]). Other taxes include the registration tax on private vehicles, at a rate of 180%, on top of VAT. Lately (July, 2007) this has been changed slightly in an attempt to favour more fuel efficient cars but maintaining the average taxation level more or less unchanged

Uniting People through Art
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