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.

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Netherlands Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.30 4.40 7.90 2.90 2003 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
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 4.4% 4.6% 4.8%
2020-11-19 05:30 AM Oct 4.3% 4.4% 4.6%
2020-12-17 05:30 AM Nov 4.3%
2021-01-15 05:30 AM Dec
2021-02-19 05:30 AM Jan
2021-03-19 05:30 AM Feb


News Stream
Dutch Jobless Rate Edges Down to 4-Month Low
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.
2020-11-19
Dutch Jobless Rate Drops to 3-Month Low
The Netherlands' seasonally adjusted unemployment rate fell to 4.4 percent in September 2020 from 4.6 percent in the previous month, pointing to the lowest reading since June. The number of unemployed fell by 13 thousand to 413 thousand, while employment fell to 8.68 million from 8.91 million in August. Meantime, the number of people claiming unemployment benefits declined to 278 thousand in September from 292 thousand in August.
2020-10-15
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

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.