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.