Long Term Unemployment Rate in Netherlands decreased to 0.90 percent in the first quarter of 2020 from 1 percent in the fourth quarter of 2019.

Long Term Unemployment Rate in Netherlands averaged 1.75 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 2002. This page provides - Netherlands Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Netherlands Long Term Unemployment Rate - values, historical data and charts - was last updated on July of 2020. source: Eurostat

Long Term Unemployment Rate in Netherlands is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Netherlands to stand at 0.50 in 12 months time. In the long-term, the Netherlands Long Term Unemployment Rate is projected to trend around 0.50 percent in 2021 and -0.20 percent in 2022, according to our econometric models.

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Netherlands Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.90 1.00 3.20 0.70 1992 - 2020 percent Quarterly

Netherlands Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.60 3.40 7.90 2.90 percent [+]
Employed Persons 8856.00 8880.00 9059.00 6851.00 Thousand [+]
Unemployed Persons 330.00 314.00 699.00 273.00 Thousand [+]
Long Term Unemployment Rate 0.90 1.00 3.20 0.70 percent [+]
Youth Unemployment Rate 9.50 8.40 17.70 6.20 percent [+]
Labour Costs 107.30 107.80 114.70 66.60 points [+]
Productivity 103.74 104.75 106.45 85.92 points [+]
Job Vacancies 221.70 281.20 293.80 81.80 Thousand [+]
Minimum Wages 1653.60 1635.60 1653.60 1064.20 EUR/Month [+]
Wage Growth 2.81 2.81 4.71 0.44 percent [+]
Wages in Manufacturing 120.50 120.50 120.50 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 Long Term Unemployment Rate
In the Netherlands, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.