The Netherlands’ seasonally adjusted unemployment rate edged lower to 3.4 percent in April 2023 after consolidating at 3.5 percent in the previous two months. It was the lowest reading since June 2022, as the number of unemployed persons fell by 14 thousand from a month earlier to 343 thousand, while employment rose by 16 thousand to 9.725 million. Meanwhile, the number of people claiming unemployment benefits registered at 156 thousand. The labor force participation rate went up to 75.7 percent, 0.1 percentage points higher than in March. source: Statistics Netherlands
Unemployment Rate in Netherlands averaged 5.01 percent from 2003 until 2023, 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 2023.
Unemployment Rate in Netherlands is expected to be 3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Netherlands Unemployment Rate is projected to trend around 4.20 percent in 2024 and 4.00 percent in 2025, according to our econometric models.