The Netherlands' seasonally adjusted unemployment rate inched up to 4.6 percent in August 2020 from 4.5 percent in the previous month. It was the highest rate since September 2017, as the number of unemployed rose by 7 thousand to 426 thousand, while employment edged up by four thousand to 8.91 million. Meantime, the number of people claiming unemployment benefits declined to 292 thousand in August from 301 thousand in July.

Unemployment Rate in Netherlands averaged 5.18 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 September of 2020. source: Statistics Netherlands

Unemployment Rate in Netherlands is expected to be 5.20 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 5.50 in 12 months time. In the long-term, the Netherlands Unemployment Rate is projected to trend around 5.10 percent in 2021 and 4.40 percent in 2022, according to our econometric models.

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Netherlands Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.60 4.50 7.90 2.90 2003 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-06-18 04:30 AM May 3.6% 3.4% 3.8%
2020-07-16 04:30 AM Jun 4.3% 3.6% 4%
2020-08-20 04:30 AM Jul 4.5% 4.3% 4.5%
2020-09-17 04:30 AM Aug 4.6% 4.5% 4.8%
2020-10-15 04:30 AM Sep 4.6% 5.2%
2020-11-19 05:30 AM Oct
2020-12-17 05:30 AM Nov


News Stream
Dutch Jobless Rate Highest in Near 3 Years
The Netherlands' seasonally adjusted unemployment rate inched up to 4.6 percent in August 2020 from 4.5 percent in the previous month. It was the highest rate since September 2017, as the number of unemployed rose by 7 thousand to 426 thousand, while employment edged up by four thousand to 8.91 million. Meantime, the number of people claiming unemployment benefits declined to 292 thousand in August from 301 thousand in July.
2020-09-17
Dutch Jobless Rate Rises to Near 3-Year High
The Netherlands' seasonally adjusted unemployment rate rose to 4.5 percent in July 2020 from 4.3 percent in the previous month. It was the highest rate since October 2017, as the number of unemployed rose by 15 thousand to 419 thousand, while employment edged up by four thousand to 8.91 million. Meantime, the number of people claiming unemployment benefits was unchanged at 301 thousand in July.
2020-08-20
Dutch Jobless Rate Highest in 2-1/2 Years
The Netherlands' seasonally adjusted unemployment rate jumped to 4.3 percent in June 2020, the highest rate since December 2017, as the number of unemployed rose by a record 74 thousand to 404 thousand while employment increased by 45 thousand. In addition, the number of people claiming for unemployment benefits was unchanged at 301 thousand in June.
2020-07-16
Dutch Jobless Rate Highest in 16 Months
The Netherlands' seasonally adjusted unemployment rate increased to 3.6 percent in May 2020, the highest rate since last January, as the number of unemployed rose by a record 16 thousand to 330 thousand and employment dropped by 24 thousand to 8.856 million. In addition, the number of people claiming for unemployment benefits increased by 61 thousand to 301 thousand in May. Meantime, the labor force participation declined to 70.2 percent in May, the lowest since April 2018.
2020-06-18

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.