
{"id":15068,"date":"2012-11-02T10:33:11","date_gmt":"2012-11-02T09:33:11","guid":{"rendered":"https:\/\/uniavisen.dk\/?p=15068\/"},"modified":"2017-01-21T01:02:30","modified_gmt":"2017-01-21T01:02:30","slug":"damning-report-points-to-more-unemployment-less-growth","status":"publish","type":"post","link":"https:\/\/uniavisen.dk\/en\/damning-report-points-to-more-unemployment-less-growth\/","title":{"rendered":"Damning report points to more unemployment, less growth"},"content":{"rendered":"<p>The so-called \u2018wise men\u2019 of the Economic Council believe the current period of economic stagnation could continue until 2014, contradicting the government which has predicted moderate growth and a fall in unemployment next year, reports Seven59.dk and ekstrabladet.dk.<\/p>\n<p>In its Autumn report, published Thursday, the Council states that although the sluggish economy would benefit from fiscal stimulation it would be at odds with EU recommendations. <\/p>\n<p>\u00bbWe advise against it\u00ab, said head of the Council, Prof Hans J\u00f8rgen Whitta Jacobsen. <\/p>\n<p>An English <a href=\"http:\/\/www.dors.dk\/graphics\/Synkron-Library\/Publikationer\/Rapporter\/Efteraar_2012\/Disk\/English_summary_E12.pdf\" target=\"_blank\">summary of the report can be found here.<\/a><\/p>\n<h2>Goes against government optimism<\/h2>\n<p>\u00bbDenmark has already reached the limit of what can be done to stimulate the economy and the best thing now is to hold back until 2014 when the need could be greater\u00ab.<\/p>\n<p>The new report forecasts no more than 0.2 pct. growth this year, a full percentage point less than the wise men\u2019s pre-summer prediction, and 1.6 pct. in 2013.<\/p>\n<p> Unemployment is expected to be around 165,000 at the end of the year, rising to 174,000 in 2013, even though the government has claimed its kick-start policy will create 20,000 jobs.<\/p>\n<p>universitypost@adm.ku.dk<\/p>\n<p><em>Stay in the know about news and events happening in Copenhagen by <a href=\"http:\/\/universitypost.dk\/newsletter\" target=\"_blank\">signing up for the University Post\u2019s weekly newsletter here<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Economic Council warns of rising unemployment in Denmark and has forecasted only slow growth until 2014<\/p>\n","protected":false},"author":12,"featured_media":15071,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[48],"tags":[],"class_list":["post-15068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics","expression-news_article"],"acf":[],"aioseo_notices":[],"yoast_head":"<!-- This site is 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Council warns of rising unemployment in Denmark and has forecasted only slow growth until 2014","use_post_excerpt":false},{"acf_fc_layout":"Byline","is_author":false,"contributors":[{"use_registered_user":false,"user":false,"contributor_name":"Andrew Bartle","contributor_title":"&nbsp;","contributor_image":false}]},{"acf_fc_layout":"Content","content":"<p>The so-called \u2018wise men\u2019 of the Economic Council believe the current period of economic stagnation could continue until 2014, contradicting the government which has predicted moderate growth and a fall in unemployment next year, reports Seven59.dk and ekstrabladet.dk.<\/p>\n<p>In its Autumn report, published Thursday, the Council states that although the sluggish economy would benefit from fiscal stimulation it would be at odds with EU recommendations. <\/p>\n<p>\u00bbWe advise against it\u00ab, said head of the Council, Prof Hans J\u00f8rgen Whitta Jacobsen. <\/p>\n<p>An English <a href=\"http:\/\/www.dors.dk\/graphics\/Synkron-Library\/Publikationer\/Rapporter\/Efteraar_2012\/Disk\/English_summary_E12.pdf\" target=\"_blank\">summary of the report can be found here.<\/a><\/p>\n<h2>Goes against government optimism<\/h2>\n<p>\u00bbDenmark has already reached the limit of what can be done to stimulate the economy and the best thing now is to hold back until 2014 when the need could be greater\u00ab.<\/p>\n<p>The new report forecasts no more than 0.2 pct. growth this year, a full percentage point less than the wise men\u2019s pre-summer prediction, and 1.6 pct. in 2013.<\/p>\n<p> Unemployment is expected to be around 165,000 at the end of the year, rising to 174,000 in 2013, even though the government has claimed its kick-start policy will create 20,000 jobs.<\/p>\n<p>universitypost@adm.ku.dk<\/p>\n<p><em>Stay in the know about news and events happening in Copenhagen by <a href=\"http:\/\/universitypost.dk\/newsletter\" target=\"_blank\">signing up for the University Post\u2019s weekly newsletter here<\/a>.<\/em><\/p>\n"},{"acf_fc_layout":"ArticleEnd"},{"acf_fc_layout":"OtherStories","headline":"","hand_picked_posts":false,"references":false,"category":false,"theme":false,"number_of_posts":"4","style":"default"}]},"taxonomyData":{"category":[{"term_id":48,"name":"Politics","slug":"politics","term_group":0,"term_taxonomy_id":48,"taxonomy":"category","description":"","parent":0,"count":1036,"filter":"raw"}],"post_tag":[],"post_format":[],"expression":[{"term_id":15,"name":"News 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