The Netherlands' seasonally adjusted unemployment rate increased to 3.4 percent in April 2020, the highest rate since last November, as the number of unemployed rose by a record 41 thousand to 314 thousand and employment fell by 160 thousand to 8.880 million, the largest decline on record. In addition, the number of people claiming for unemployment benefits increased by 42 thousand to 292 thousand in April. Meantime, the labor force participation dropped to 70.3 percent in April, the lowest in two years.

Unemployment Rate in Netherlands averaged 5.20 percent from 2003 until 2020, reaching an all time high of 7.90 percent in February of 2014 and a record low of 2.90 percent in February of 2020. This page provides - Netherlands Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Netherlands Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Statistics Netherlands

Unemployment Rate in Netherlands is expected to be 5.60 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 7.30 in 12 months time. In the long-term, the Netherlands Unemployment Rate is projected to trend around 6.80 percent in 2021 and 5.00 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Netherlands Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.40 2.90 7.90 2.90 2003 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-02-20 05:30 AM Jan 3% 3.2% 3.2%
2020-03-19 05:30 AM Feb 2.9% 3% 3%
2020-04-16 04:30 AM Mar 2.9% 2.9% 3.5%
2020-05-20 04:30 AM Apr 3.4% 2.9% 3.8%
2020-06-18 04:30 AM May 3.4%
2020-07-16 04:30 AM Jun 5.6%
2020-08-20 04:30 AM Jul
2020-09-17 04:30 AM Aug


News Stream
Dutch Jobless Rate Rises to 5-Month High
The Netherlands' seasonally adjusted unemployment rate increased to 3.4 percent in April 2020, the highest rate since last November, as the number of unemployed rose by a record 41 thousand to 314 thousand and employment fell by 160 thousand to 8.880 million, the largest decline on record. In addition, the number of people claiming for unemployment benefits increased by 42 thousand to 292 thousand in April. Meantime, the labor force participation dropped to 70.3 percent in April, the lowest in two years.
2020-05-20
Dutch Jobless Rate Stays at Record Low of 2.9% in March
The Netherlands seasonally adjusted unemployment rate was at 2.9 percent in March 2020, the same as in the previous month and remaining lowest on record, as the number of unemployed decreased by a thousand to 273 thousand, while employment fell by 17 thousand to 9.040 million. Meantime, the labor force participation dropped to 71.2 percent in March from 71.4 percent in February. Still, the number of people claiming for unemployment benefits soared 42% to 37,800 in March as many businesses were closed to curb the spread of the coronavirus in the country, particularly restaurants and bars. The strongest increases were among people under 25 years of age.
2020-04-16
Dutch Jobless Rate Hits Record Low in February
The Netherlands seasonally adjusted unemployment rate declined to 2.9 percent in February 2020, the lowest on record, from 3.0 percent in the previous month. The number of unemployed decreased by 10 thousand to 274 thousand, while employment fell by 2 thousand to 9.057 million. Meantime, the labor force participation inched lower to 71.4 percent in February from 71.5 percent in the previous month.
2020-03-19
Dutch Jobless Rate Lowest on Record in January
The Netherlands seasonally adjusted unemployment rate declined to 3.0 percent in January 2020, the lowest on record, from 3.2 percent in the previous month. The number of unemployed decreased by 18 thousand to 284 thousand, while employment rose by 31 thousand to an all-time high of 9.059 million. Meantime, the labor force participation inched higher to 71.5 percent in January from 71.4 percent in the previous two months.
2020-02-20

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.