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Danish Central Bank Warns of Labor Shortages Amid Economic Boom
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An employee clips a safety harness to an anchor point on the nacelle of a Vestas A/S V136 wind turbine.
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After half a decade of negative interest rates, Denmark’s economy is headed for an economic “boom” and risks running out of the labor resources needed to support sustainable growth, the central bank said on Wednesday.
“The Danish economy is in a solid upswing, and as the signs of labor shortage are becoming still clearer, the structural government budget should be brought to balance within the next couple of years so that fiscal policy will contribute to stabilizing the economy,” Governor Lars Rohde said in a statement on Wednesday.