Netherlands Unemployment Rate

Unemployment Rate in Netherlands decreased to 8.70 percent in March of 2014 from 8.80 percent in February of 2014. Unemployment Rate in Netherlands is reported by the Statistics Netherlands. Unemployment Rate in Netherlands averaged 5.74 Percent from 2003 until 2014, reaching an all time high of 8.80 Percent in February of 2014 and a record low of 3.40 Percent in August of 2008. In Netherlands, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Netherlands Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
8.70 8.80 8.80 3.40 8.90 | 2014/04 2003 - 2014 Percent Monthly

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Netherlands Unemployment Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-01-23 08:30 AM Netherlands
Unemployment Rate
Dec 2013 8.5% 8.2% 8.3% 8.2%
2014-02-20 08:30 AM Netherlands
Unemployment Rate
Jan 2014 8.6% 8.5% 8.3% 8.3%
2014-03-20 08:30 AM Netherlands
Unemployment Rate
Feb 2014 8.8% 8.6% 8.6% 8.6%
2014-04-17 08:30 AM Netherlands
Unemployment Rate
Mar 2014 8.7% 8.8% 8.8% 8.8%
2014-05-15 08:30 AM Netherlands
Unemployment Rate
Apr 2014 8.7% 8.9%
2014-06-19 08:30 AM Netherlands
Unemployment Rate
May 2014 8.8%
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Labour Last Previous Highest Lowest Forecast Unit
Employed Persons 7174.00 2014-03-15 7197.00 7551.00 6851.00 7184.56 2014-03-31 Thousand [+]
Job Vacancies 91.00 2013-11-15 93.70 256.70 81.80 94.50 2014-03-31 Thousand [+]
Labour Costs 112.75 2013-11-15 109.05 134.27 75.40 111.80 2014-03-31 Index Points [+]
Long Term Unemployment Rate 2.50 2013-09-30 2.40 3.60 0.70 2.71 2013-12-31 percent [+]
Productivity 25.73 2013-11-15 25.26 108.91 25.13 26.97 2014-03-31 Index Points [+]
Wages 132.90 2014-03-15 132.80 132.90 76.60 132.82 2014-04-30 Index Points [+]
Wages in Manufacturing 133.90 2014-03-15 133.80 133.90 74.80 133.92 2014-04-30 Index Points [+]
Youth Unemployment Rate 11.50 2014-02-15 11.10 13.50 4.80 11.69 2014-03-31 Percent [+]
Retirement Age Men 65.20 2013-01-01 65.00 65.20 65.00 65.22 2013-12-31 [+]
Retirement Age Women 65.20 2013-01-01 65.00 65.20 65.00 65.22 2013-12-31 [+]
Unemployment Rate 8.70 2014-03-31 8.80 8.80 3.40 8.90 2014-04-30 Percent [+]
Population 16.73 2012-12-31 16.66 16.73 11.49 16.80 2013-12-31 Million [+]
Minimum Wages 1477.80 2013-12-31 1469.40 1477.80 1064.20 1480.70 2014-01-31 EUR [+]
[+]


Dutch Unemployment Rate Falls for the First Time in 2014

In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.

The number of unemployed persons fell by 7 thousand in March to 684 thousand. 

Unemployment benefits amounted to 454 thousand in March, 6 thousand less than in February but 74 thousand more than in March of 2013. The monthly decrease was recorded mostly for people under the age of 25. The amount of unemployment benefits also declined among men, but remained almost stable among women, compared to February. The most dramatic reduction was found in sectors sensitive to seasonal variation, like agriculture and construction. In contrast, the number of benefits grew in the health care and welfare sector, where many women are employed.

In the first quarter of 2014, the unemployment rate average monthly increase was 5 thousand. At the same time, the employed labor force was reduced by 18 thousand on a monthly basis. As result, total workforce shrank by an average of 13 thousand people per month. 

Unemployment rose mostly for women aged 25 years and older, due to job losses in health care and trade.

CBS | Isabel Felino | isabel.felino@tradingeconomics.com
4/17/2014 3:57:33 PM

RECENT RELEASES

Dutch Unemployment Rate Rises Further in February
Netherlands' jobless rate increased to a fresh record high 8.8 percent in February of 2014. The number of unemployed persons edged up by 13 thousand to 691 thousand. Published on 2014-03-20

Dutch Unemployment Rate Up to 4-Month High
In January of 2014, the Netherland’s jobless rate rose for the second straight month to 8.6 percent, up from 8.5 percent in the last month of 2013. In January last year, unemployment was recorded at 7.5 percent. Published on 2014-02-20


Unemployment Rate | Notes
The unemployment rate can be defined as the number of people actively looking for a job divided by the labour force. Changes in unemployment depend mostly on inflows made up of non-employed people starting to look for jobs, of employed people who lose their jobs and look for new ones and of people who stop looking for employment.


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