Netherlands Long Term Unemployment Rate  Forecast


Netherlands Long Term Unemployment Rate
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Long Term Unemployment Rate in Netherlands is expected to be 2.00 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 2.00 in 12 months time. In the long-term, the Netherlands Long Term Unemployment Rate is projected to trend around 2.01 percent in 2020, according to our econometric models.


Netherlands Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 4.4 4.4 4.5 4.6 4.8 5.4
Employed Persons 8652 8647 8642 8636 8630 8588
Unemployed Persons 395 386 383 383 385 412
Long Term Unemployment Rate 2 2 2 2 2 2.01
Youth Unemployment Rate 7.8 7.19 7.1 7.19 7.4 9.64
Labour Costs 98.5 99.19 115 98.91 104 105
Productivity 32.45 33.45 33.93 34.41 34.88 38.2
Job Vacancies 210 203 199 193 188 163
Minimum Wages 1552 1570 1575 1579 1540 1560
Wage Growth 1.66 1.74 1.79 1.83 1.87 2.05
Wages in Manufacturing 112 112 112 112 112 112
Population 17.08 17.16 17.16 17.16 17.16 17.41
Retirement Age Women 65.75 66 66 66 66 66.67
Retirement Age Men 65.75 66 66 66 66 66.67
Labor Force Participation Rate 64.2 64.23 64.25 64.25 64.24 64.18
Living Wage Family 1450 1460 1460 1460 1460 1460
Living Wage Individual 1080 1065 1066 1068 1069 1060
Wages Low Skilled 1670 1633 1614 1595 1576 1582
Wages High Skilled 2940 2855 2837 2819 2801 2832
Part Time Employment 4172 4187 4193 4191 4192 4174
Employment Change 0.5 0.46 0.42 0.42 0.39 0.32
Employment Rate 75.7 75.73 75.79 75.73 75.67 75.36
Full Time Employment 4253 4259 4262 4265 4268 4289