Unemployment refers to the share of the labor force that is without work but available for and seeking employment. We’ve previously discussed what happens if you lose your job in the Netherlands, but what about the unemployment benefit front?. The share of unemployed was lower only in the Czech Republic and Germany. 21/11/2019 15:00 + 8 000. The foreign-born unemployment rate is calculated as the share of unemployed foreign-born persons aged 15-64 in the foreign-born labour force (the sum of employed and unemployed foreign-born) of that same age. The number of unemployed fell by 10 thousand to 368 thousand while employment edged up to 9 million from 8.98 million in November. exclusive survey of global business confidence. This page provides forecast and historical data, charts, … Unemployment Rate in Netherlands decreased to 3.5 % in March 2021. Publish your articles and forecasts in our website. The Netherlands' seasonally adjusted unemployment rate declined to 3.6 percent in January 2021 from 3.9 percent a month earlier, pointing to the lowest level since May. Long Term Unemployment Rate in Netherlands averaged 1.72 percent from 1992 until 2020, reaching an all time high of 3.20 percent in the first quarter of 2015 and a record low of 0.70 percent in the second quarter of … In the euro area, the unemployment rate for women increased from 8.7% in January 2021 to 8.8% in February 2021 and the unemployment rate for men remained stable at 7.9%. Unemployment in the Netherlands continued to rise in July 2020, however at a slower rate than it rose in June of this year.. Unemployment in the Netherlands. Meantime, the number of people claiming unemployment benefits increased by three thousand to 289 thousand in January. Netherlands, The Unemployment Rate s.a (3M) fell from previous 3.6% to 3.5% in March NEWS | 4/22/2021 4:30:32 AM GMT | By FXStreet Team. In terms of youth unemployment, the Netherlands has one of the three lowest rates. 19/12/2019 15:00. Netherlands unemployment rate was at level of 5.5 % in 2020, up from 3.4 % previous year. According to the ILO definition, everyone with a paid job of at least one hour a week is included in the employed labour force. All rights reserved. Netherlands : 36 records since 1980 , the average of these recordings : 5.48 % The highest data : 1983 is the highest year for the indicator : Unemployment (%). Interpolated from the quarterly labor force survey. 16/01/2020 15:00. The Dutch economy has grown faster than the euro area average over the past few years, reflecting recovering consumption and investment, and strong net exports. and Consumer Credit Risk Solutions from The number of unemployed dropped by 14 thousand to 326 thousand while employment decreased by 21 thousand to 9 million in March. The maximum rate was 7.9 % and minimum was … This statistic shows the unemployment rate of the Netherlands from 1999 to 2020. The Netherlands' seasonally adjusted unemployment rate inched down to 3.5 percent in March 2021 from 3.6 percent a month earlier, pointing the lowest level since last April. The uniform application of this definition results in estimates of unemployment rates that are more internationally comparable than estimates based on national definitions of unemployment. The highest rates were recorded in Spain and Greece, at 14.0 and 18.5 percent of the labour force respectively. This means that the Netherlands ranks among the top three of EU countries with the lowest unemployment. Direct access to our calendar releases and historical data. The Netherlands' seasonally adjusted unemployment rate stood at 3.6 percent in February 2021, unchanged from a month earlier, still pointing the lowest level since May. Netherlands unemployment rate for 2017 was 4.84%, a 1.17% decline from 2016. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland. This indicator is measured in numbers of unemployed people as a … The Trading Economics Application Programming Interface (API) provides direct access to our data. The OECD harmonized unemployment rate gives the number of unemployed persons as a percentage of the labor force (the total number of people employed plus unemployed). Economic Data, Research, Advisory, Forecasting Netherlands: Economy contracts marginally in the fourth quarter of 2020 March 26, 2021 A second reading of national accounts data confirmed the preliminary estimate of a 0.1% quarter-on-quarter contraction in the final quarter of last year, swinging from the third quarter’s record 7.7% jump. Over 9 million in work for the first time. In March, the unemployment rate in the Netherlands remained 3.3 percent. Number of employed persons further up. The number of unemployed increased by three thousand to 340 thousand while employment rose by 20 thousand to 9 million in February. live outside the Netherlands; are not staying in the Netherlands legitimately; are in prison. unemployment rate for men was 7.1% in February 2021, also stable compared with January 2021. The national definition of the labour force comprises only people who work or want to work for at least 12 hours a week. We all need cash when we lose our jobs; it’s a stressful time. The different groups are further broken down by sex and age. June 2020, the third full month of the coronavirus pandemic in the Netherlands, reveals a signficant increase in the unemployment rate. Adjusted Unemployment Rate for Adults in Netherlands (DISCONTINUED) Percent, Annual, Not Seasonally Adjusted 1973 to 2012 (2013-06-10) Registered Unemployment Level for the Netherlands . What is Unemployment Rate in Netherlands? Download historical data for 20 million indicators using your browser. However, a relatively large share of the unemployed Dutch youth are in education. In the Netherlands, unemployment … Unemployment rate, percent in the Netherlands, January, 1983 - December, 2020: For that indicator, we provide data for the Netherlands from January 1983 to December 2020.The average value for the Netherlands during that period was 5.86 percent with a minimum of 2.7 percent in July 2001 and a maximum of 10.3 percent in March 1983. The result is: 8.25 %. Youth Unemployment Rate in Netherlands averaged 10.77 percent from 1983 until 2021, reaching an all time high of 17.70 percent in September of 1995 and a record low of 6.20 percent in April of 2019. What am I entitled to and how can I claim? The UWV WERKbedrijf(administrative office for employed persons) system outlines that for the first two months, initial unemployment benefits are paid out at Persons. Join your colleagues in participating in this In Netherlands, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. The unemployment rate in the Netherlands dropped slightly to 3.5% in March. 160 thousand more employed within a year. Non-residential - Commercial & Retail - Vacancy, Nominal Fixed Investment (gross fixed capital formation), Real Fixed Investment (gross fixed capital formation), Monthly labor participation and employment, National definition: 15-25, 25-45, 45-65 years, ILO definition: 15-24, 25-44, 45-74 years. Unemployment peaked in 2013 and 2014. In 2020, the unemployment rate in the Netherlands was projected to reach 3.5 percent. Revision (2015): The monthly unemployment press release is now based according to the ILO definition. Unemployment rate up to 3.5 percent. Employment Rate in Netherlands averaged 72.97 percent from 1992 until 2020, reaching an all time high of 78.40 percent in the third quarter of 2019 and a record low of 63.50 percent in the first quarter of 1993. The unemployed are people of working age who are without work, are available for work, and have taken specific steps to find work. 20/02/2020 15:00. Next to the original monthly figures on the labour force you can also find monthly figures that are seasonally adjusted. The population of 15 to 75 years old (excluding the institutionalized population) is divided into the employed, the unemployed and the people who are not in in the labour force. The duration of the unemployment benefit is 3 months. 2003-2021 Data | 2022-2023 Forecast | Calendar. Netherlands unemployment rate for 2018 was 3.83%, a 1.01% decline from 2017. Unemployment virtually unchanged. For all solutions offered by However, wages grew moderately, and inflation remained subdued. Find Out For the Netherlands, labor force status measures, by four age brackets, monthly. This page has economic forecasts for Netherlands including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Netherlands economy. Meantime, the number of people claiming unemployment benefits declined by four thousand to 282 thousand in March. This is part of a broader strategy to comply with international definitions as much as possible in order to increase the international comparability of statistics. 19/09/2019 15:00. In 2020, the unemployment rate in the Netherlands was around 2.98 percent. This page provides - Netherlands Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Les valeurs actuelles, des données historiques, des prévisions, des statistiques, des tableaux et le calendrier économique - Pays-Bas - Taux de chômage. Some figures are rounded off to the nearest thousand. Consequently the sum of the detail data can deviate from the total. ... unemployment rate for October 2020 is an estimation based on the figures recorded in previous periods, taking into account current developments. 17/10/2019 15:00. © 2021 Moody’s Analytics, Inc. and/or its affiliates and licensors. Dutch Manufacturing PMI Hits Fresh Record, Dutch Retail Sales Rise for 1st Time in 4 Months, Dutch Business Sentiment Improves to 2-Year High, Dutch Household Spending Falls the Least in 3 Months, Dutch Jobless Rate Edges Down to 11-Month Low, Dutch Consumer Morale Rises to 13-Month High, Dutch Manufacturing Output Contracts in February, Dutch Inflation Rate at 15-Month High of 1.9%, Dutch Current Account Surplus Shrinks in Q4, Argentina Industrial Production Hits Record High, South African Stocks End Cautiously Higher. Published by Statista Research Department, Jun 24, 2020 In 2019, the unemployment rate in the Netherlands was just over four percent. Unemployment rate down to 3.0 percent. Moody’s Analytics. Pupils and students with part-time jobs, for example, all belong to the employed labour force under this definition. Unemployment Rate in Netherlands averaged 5.14 percent from 2003 until 2021, 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. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Meantime, the number of people claiming unemployment benefits increased by nine thousand to 286 thousand in December. While the number of unemployed decreased, the labor force also contracted in March partly because of the extended lockdown measures. Youth unemployment low in the Netherlands. the company visit moodysanalytics.com. The Netherlands' seasonally adjusted unemployment rate inched lower to 3.9 percent in December 2020 from 4.0 percent a month earlier, pointing to the lowest reading since May. Additional labour market indicators Netherlands (red), OECD - Total (black) Hours worked Indicator: 1 434 Total Hours/worker 2019 Netherlands Hours/worker: Total Hours/worker 2000-2019 Netherlands (red), OECD - Total (black) Total Hours/worker 2019 Netherlands (red), OECD - Total (black) Long-term unemployment rate Indicator: 31.4 Total % of unemployed 2019 Netherlands % of unemployed: Total % of unemployed The number of unemployed fell by 31 thousand to 337 thousand while employment rose by 25 thousand to 9 million in January. Unemployment rate can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. Data and research on unemployment including harmonised unemployment rates, unemployment rates by age and gender, employment rate, quarterly unit labour costs, population growth rates., OECD unemployment rate stable at 6.8% in January 2021, 1.6 percentage points higher than in February 2020 To make the monthly figures a time series model was used. The figures in this table are based on the Dutch Labour Force Survey (LFS). Meantime, the number of people claiming unemployment benefits decreased by three thousand to 286 thousand in February.