This paper describes how labour market flexibilization and the current economic crisis have changed the employment situation of youth in Denmark from the 1980s to 2010. A focus is on whether flexibilization affected long-term binding decisions of youth, such as entering a partnership, forming an autonomous household, and founding a family. So far the Danish model seems to work successfully, with lower increases in youth unemployment as compared to most other Oecd countries. We find no evidence that changes in the Danish economy affected household formation, union formation or fertility among youth. Active employment policies combined with a highly flexible labour market appear to spread employment risks more evenly between the young and older generations.
Keywords: Flexicurity, employment uncertainty, fertility, labour market, youth