Labor Force Participation Rate in Netherlands decreased to 70.20 percent in May 2020 from 71.30 percent in April of 2020.

Labor Force Participation Rate in Netherlands averaged 69.75 percent from 2003 until 2019, reaching an all time high of 71.40 percent in October of 2019 and a record low of 67.40 percent in December of 2003. This page provides - Netherlands Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Netherlands Labor Force Participation Rate - values, historical data and charts - was last updated on August of 2020. source: Statistics Netherlands

Labor Force Participation Rate in Netherlands is expected to be 67.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Netherlands to stand at 69.50 in 12 months time. In the long-term, the Netherlands Labor Force Participation Rate is projected to trend around 70.50 percent in 2021 and 71.50 percent in 2022, according to our econometric models.

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Netherlands Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
70.20 70.30 71.50 67.40 2003 - 2020 percent Monthly
SA

Netherlands Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.30 3.60 7.90 2.90 percent [+]
Employed Persons 8901.00 8856.00 9059.00 6851.00 Thousand [+]
Unemployed Persons 404.00 330.00 699.00 273.00 Thousand [+]
Long Term Unemployment Rate 0.90 1.00 3.20 0.70 percent [+]
Youth Unemployment Rate 10.70 9.50 17.70 6.20 percent [+]
Labour Costs 107.30 107.80 114.70 66.60 points [+]
Productivity 96.65 103.74 106.45 85.92 points [+]
Job Vacancies 200.40 221.70 293.80 81.80 Thousand [+]
Minimum Wages 1653.60 1635.60 1653.60 1064.20 EUR/Month [+]
Wage Growth 3.04 2.80 4.71 0.44 percent [+]
Wages in Manufacturing 122.30 120.60 122.30 59.10 points [+]
Population 17.28 17.18 17.28 11.42 Million [+]
Retirement Age Women 66.67 66.33 66.67 65.00 [+]
Retirement Age Men 66.67 66.33 66.67 65.00 [+]
Part Time Employment 4428.60 4381.60 4428.60 2816.80 Thousand [+]
Labor Force Participation Rate 70.20 70.30 71.50 67.40 percent [+]
Employment Change 0.20 0.40 1.20 -0.90 percent [+]
Employment Rate 78.40 78.40 78.40 63.50 percent [+]
Full Time Employment 4312.50 4351.50 4705.40 4016.00 Thousand [+]


Netherlands Labor Force Participation Rate
In the Netherlands, the labor force participation rate refers to the share of the employed and unemployed labor force as a percentage of total population aged 15 until 65.