The Netherlands' seasonally adjusted unemployment rate dropped to 4.3 percent in October 2020 from 4.4 percent in the previous month, pointing to the lowest reading since June. The number of unemployed fell by 7 thousand to 406 thousand, while employment rose to 8.95 million from 8.91 million in September. Meantime, the number of people claiming unemployment benefits was unchanged at 278 thousand in October. source: Statistics Netherlands
Unemployment Rate in Netherlands averaged 5.17 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 November of 2020.
Unemployment Rate in Netherlands is expected to be 5.90 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 5.60 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.