page_title: Randers
section_title: Economy
hierarchical_section_title: Randers / Economy
caption_attribution_description: Photographed at Randers harbour, Denmark.
context_page_description: Randers is a city in Randers Municipality, Central Denmark Region on the Jutland peninsula. It is Denmark's sixth-largest city, with a population of 62,482. Randers is the municipality's main town and the site of its municipal council. By road it is 38.5 kilometres north of Aarhus, 43.8 kilometres east of Viborg, and 224 kilometres northwest of Copenhagen.
  Randers became a thriving market town in medieval times, and many of its 15th-century half-timbered houses remain today, as does St Martin's Church, also from that period. Trade by sea was facilitated through the Gudenå River, entering Randers Fjord. During industrialization, Randers quickly became one of the most important industrial towns in the country, but it saw itself outpaced by the cities of Aarhus and Aalborg at the beginning of the 20th century. Most of the larger historic industries in Randers are gone today. From 1970, the population saw a decline from a peak of 58.500 citizens, until a stabilization in the 1990s occurred, followed by a modest rise since then.
context_section_description: A vast agricultural countryside, and a central hub for transportation by land, river and sea, helped make Randers a dynamic center for production, trade and commerce. Barges on the Guden River and the Northern River (Nørreå) formerly transported a large number of goods to and from Randers, from the central region of Jutland and in particular the towns of Silkeborg and Viborg. From the harbour in Randers, goods were and are exported and imported.
  Most of the former large employers has down-scaled productions, outsourced, moved or closed in recent decades. This includes the military installations and the Thor breweries closed in 2003. The large agricultural co-operative of Dansk Landbrugs Grovvareselskab (DLG) still has facilities and silos in Randers and the regional hospital is also in operation and now employs around 1,800 people. Randers Handsker has a shop and its headquarters in Randers, but the production has been outsourced abroad. In the late stages of the industrialisation, the industry of the city had managed to diversify and a number of high-tech companies are now based in and around Randers, although most are small-scale employers locally.
  As jobs in production industries has declined and with the global economic crisis of 2008, the unemployment rate has risen in Randers, especially for young uneducated people. 17.7% of young people under 30, was on public support in 2013, with 8.8% of young people under 30 being uneducated and on the municipal support against poverty (Danish: Kontanthjælp). Many have been unemployed for extensive periods, making it more difficult to regain employment. Occupation in the public sector and the private service sector has compensated a little bit for the job loss, with a slight employment rise in modern times, and the employment rate in Randers is overall regarded as stabilized since 2010. In 2013, 33% of the employed commute every day to other municipalities. Likewise 26% of the jobs in Randers are employed by commuters from other municipalities.
  The main economic and employment sectors today in Randers are, administration and service, crafts and industry, trade and transport; in that order. Some of the former industrial areas have been or are being redeveloped into housing, stores, offices and public institutions.
caption: Randers harbour, an important facility for the economic growth of the city.
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