Labour Costs in Netherlands increased to 107.80 points in the fourth quarter of 2019 from 100 points in the third quarter of 2019.

Labour Costs in Netherlands averaged 87.28 points from 1987 until 2019, reaching an all time high of 114.70 points in the second quarter of 2019 and a record low of 66.60 points in the first quarter of 1989. This page provides - Netherlands Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Netherlands Labour Costs - values, historical data and charts - was last updated on May of 2020. source: European Central Bank

Labour Costs in Netherlands is expected to be 115.96 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Netherlands to stand at 108.88 in 12 months time. In the long-term, the Netherlands Labour Costs is projected to trend around 110.18 points in 2021 and 112.39 points in 2022, according to our econometric models.

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Netherlands Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
107.80 100.00 114.70 66.60 1987 - 2019 points Quarterly
2010=100, NSA

Netherlands Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.40 2.90 7.90 2.90 percent [+]
Employed Persons 8880.00 9040.00 9059.00 6851.00 Thousand [+]
Unemployed Persons 314.00 273.00 699.00 273.00 Thousand [+]
Long Term Unemployment Rate 1.00 1.00 3.20 0.70 percent [+]
Youth Unemployment Rate 8.40 6.30 17.70 6.20 percent [+]
Labour Costs 107.80 100.00 114.70 66.60 points [+]
Productivity 103.74 104.75 106.45 85.92 points [+]
Job Vacancies 221.70 281.20 293.80 81.80 Thousand [+]
Minimum Wages 1653.60 1635.60 1653.60 1064.20 EUR/Month [+]
Wages in Manufacturing 120.50 120.30 120.50 59.10 points [+]
Wage Growth 2.81 3.08 4.71 0.44 percent [+]
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 [+]
Wages High Skilled 2920.00 2940.00 2940.00 2820.00 EUR/Month [+]
Wages Low Skilled 1760.00 1690.00 1760.00 1630.00 EUR/Month [+]
Part Time Employment 4381.60 4382.20 4382.20 2816.80 Thousand [+]
Labor Force Participation Rate 70.30 71.20 71.50 67.40 percent [+]
Living Wage Family 1560.00 1490.00 1560.00 1420.00 EUR/Month [+]
Living Wage Individual 1120.00 1040.00 1120.00 965.00 EUR/Month [+]
Employment Change 0.40 0.20 1.20 -0.90 percent [+]
Employment Rate 78.40 78.40 78.40 63.50 percent [+]
Full Time Employment 4351.50 4344.80 4705.40 4016.00 Thousand [+]