Netherlands Unemployment Rate Up to 7% in November


According to the latest figures released by Statistics Netherlands, seasonally adjusted unemployment increased by 16 thousand in November 2012 so that 552 thousand people are now unemployed.

In one year, unemployment rose by almost 100 000 persons. The unemployment rate increased to 7.0 percent of the workforce from 5.8 percent in November 2011. Youth unemployment has risen to 13.7 percent. Of the over-25s unemployment was recorded at 6 percent. The number of unemployed increased over the past three months with an average of 13 000 persons per month. Of the new unemployed, more than half was over 45 years old. In October and November, the unemployment rate among people over 45 increased faster than in previous months.


Dutch Statistics Office | Nuno Fontes | nuno@tradingeconomics.com
12/20/2012 9:51:05 AM