Labor Force Participation Rate in Netherlands increased to 71.30 percent in October from 71.10 percent in September of 2020. source: Statistics Netherlands

Labor Force Participation Rate in Netherlands averaged 69.79 percent from 2003 until 2020, reaching an all time high of 71.50 percent in January of 2020 and a record low of 67.40 percent in December of 2003. This page provides - Netherlands Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Netherlands Labor Force Participation Rate - values, historical data and charts - was last updated on December of 2020.

Labor Force Participation Rate in Netherlands is expected to be 70.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Netherlands to stand at 68.50 in 12 months time. In the long-term, the Netherlands Labor Force Participation Rate is projected to trend around 70.50 percent in 2021 and 71.50 percent in 2022, according to our econometric models.

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Netherlands Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
71.30 71.10 71.50 67.40 2003 - 2020 percent Monthly
SA

Netherlands Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.30 4.40 7.90 2.90 percent [+]
Employed Persons 8946.00 8906.00 9059.00 6851.00 Thousand [+]
Unemployed Persons 406.00 413.00 699.00 273.00 Thousand [+]
Long Term Unemployment Rate 0.70 0.90 3.20 0.70 percent [+]
Youth Unemployment Rate 10.10 10.70 17.70 6.20 percent [+]
Labour Costs 131.00 107.30 131.00 66.60 points [+]
Productivity 102.08 96.65 106.45 85.92 points [+]
Job Vacancies 215.60 200.40 293.80 81.80 Thousand [+]
Minimum Wages 1680.00 1653.60 1680.00 1064.20 EUR/Month [+]
Wage Growth 3.04 3.04 4.71 0.44 percent [+]
Wages in Manufacturing 122.30 122.30 122.30 59.10 points [+]
Population 17.28 17.18 17.28 11.42 Million [+]
Retirement Age Women 66.67 66.33 66.67 65.00 [+]
Retirement Age Men 66.67 66.33 66.67 65.00 [+]
Part Time Employment 4372.50 4428.60 4428.60 2816.80 Thousand [+]
Labor Force Participation Rate 71.30 71.10 71.50 67.40 percent [+]
Employment Change -3.10 0.10 1.20 -3.10 percent [+]
Employment Rate 77.30 78.40 78.40 63.50 percent [+]
Full Time Employment 4250.10 4312.50 4705.40 4016.00 Thousand [+]


Netherlands Labor Force Participation Rate
In the Netherlands, the labor force participation rate refers to the share of the employed and unemployed labor force as a percentage of total population aged 15 until 65.