The Netherlands seasonally adjusted unemployment rate dropped to 3.2 percent in December 2019, the lowest on record, from 3.5 percent in the previous month. The number of unemployed declined by 22 thousand to 302 thousand, while employment went up by 33 thousand to an all-time high of 9.028 million. Meantime, the labor force participation stood at 71.4 percent in December, the same as in the prior two months.

Unemployment Rate in Netherlands averaged 5.24 percent from 2003 until 2019, reaching an all time high of 7.90 percent in February of 2014 and a record low of 3.20 percent in December of 2019. This page provides - Netherlands Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Statistics Netherlands

Unemployment Rate in Netherlands is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Netherlands to stand at 3.80 in 12 months time. In the long-term, the Netherlands Unemployment Rate is projected to trend around 4.20 percent in 2020, according to our econometric models.

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Netherlands Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.20 3.50 7.90 3.20 2003 - 2019 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2019-10-17 04:30 AM Sep 3.5% 3.5% 3.4%
2019-11-21 05:30 AM Oct 3.5% 3.5% 3.4%
2019-12-19 05:30 AM Nov 3.5% 3.5% 3.4%
2020-01-16 05:30 AM Dec 3.2% 3.5% 3.4%
2020-02-20 05:30 AM Jan 3.2%


News Stream
2019-12-19
Dutch Jobless Rate Steady at 3.5% in November
Dutch seasonally adjusted unemployment rate was unchanged at 3.5 percent in November 2019, as the number of unemployed rose by 1 thousand to 324 thousand, while employment decreased by 1 thousand to 8.995 million. Meantime, the labor force participation stood at 71.4 percent in November, the same as in October.

2019-11-21
Dutch Jobless Rate Steady at 3.5% for 3rd Month
Dutch seasonally adjusted unemployment was unchanged at 3.5 percent for the third straight month in October 2019. The number of unemployed rose 2 thousand to 326 thousand, while employment increased 20 thousand to 8.996 million. Meantime, the labor force participation edged up to 71.4 percent in October from 71.3 percent in September.

2019-10-17
Dutch Jobless Rate Stays at 7-Month Low of 3.5%
Dutch seasonally adjusted unemployment stood at 3.5 percent in September 2019, unchanged from the previous month. It remained the highest jobless rate since January, as the number of unemployed rose 2 thousand to 323 thousand, while employment increased 18 thousand to 8.976 million. Meantime, the labor force participation edged up to 71.3 percent in September from 71.2 percent in August.

2019-09-19
Dutch Jobless Rate Rises to 7-Month High
Dutch seasonally adjusted unemployment increased to 3.5 percent in August 2019 from 3.4 in the previous month. It was the highest jobless rate since January, as the number of unemployed rose 8 thousand to 321 thousand, while employment went up 4 thousand to 8.958 million. Meantime, the labor force participation was unchanged at 71.2 percent in August.

2019-08-15
Dutch Jobless Rate Unchanged at 3.4% in July
Dutch seasonally adjusted unemployment stood at 3.4 percent in July 2019, the same as in the previous month. It remained the highest jobless rate in four months, as the number of unemployed was unchanged at 313 thousand, while employment rose 1 thousand to 8.954 million. Meantime, the labor force participation was unchanged at 71.2 percent in July.

2019-07-18
Dutch Jobless Rate Edges Up to 4-Month High
Dutch seasonally adjusted unemployment rate inched higher to a four month high of 3.4 percent in June 2019 from the previous three month's record low of 3.3 percent. The number of unemployed increased by 11 thousand from the prior month to 313 thousand, while employment rose 16 thousand to 8.95 million. Meantime, the labor force participation rate edged up to 71.2 percent in June from 71.1 in May.


Netherlands Unemployment Rate
In Netherlands, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

Netherlands Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.20 3.50 7.90 3.20 percent [+]
Employed Persons 9028.00 8995.00 9028.00 6851.00 Thousand [+]
Unemployed Persons 302.00 324.00 699.00 300.00 Thousand [+]
Long Term Unemployment Rate 1.00 1.00 3.20 0.70 percent [+]
Youth Unemployment Rate 6.70 7.30 17.70 6.20 percent [+]
Labour Costs 99.80 114.70 114.70 66.60 points [+]
Productivity 104.97 104.80 106.45 85.92 points [+]
Job Vacancies 283.80 293.80 293.80 81.80 Thousand [+]
Minimum Wages 1635.60 1615.80 1635.60 1064.20 EUR/Month [+]
Wage Growth 2.94 2.67 4.71 0.44 percent [+]
Wages in Manufacturing 118.60 117.70 118.60 59.10 points [+]
Population 17.12 17.08 17.12 11.42 Million [+]
Retirement Age Women 66.00 66.00 66.00 65.00 [+]
Retirement Age Men 66.00 66.00 66.00 65.00 [+]
Labor Force Participation Rate 71.40 71.40 71.40 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 [+]
Part Time Employment 4382.20 4356.30 4382.20 2816.80 Thousand [+]
Wages Low Skilled 1760.00 1690.00 1760.00 1630.00 EUR/Month [+]
Wages High Skilled 2920.00 2940.00 2940.00 2820.00 EUR/Month [+]
Employment Change 0.20 0.30 1.20 -0.90 percent [+]
Employment Rate 78.40 78.10 78.40 63.50 percent [+]
Full Time Employment 4344.80 4323.10 4705.40 4016.00 Thousand [+]