Netherlands Long Term Unemployment Rate  Forecast


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Long Term Unemployment Rate in Netherlands is expected to be 2.19 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 2.18 in 12 months time. In the long-term, the Netherlands Long Term Unemployment Rate is projected to trend around 2.16 percent in 2020, according to our econometric models.


Netherlands Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 4.5 4.6 4.6 4.5 4.6 5.4
Employed Persons 8636 8623 8617 8612 8606 8558
Unemployed Persons 404 410 404 402 402 422
Long Term Unemployment Rate 2.2 2.19 2.19 2.18 2.18 2.16
Youth Unemployment Rate 7.9 8.19 8.08 8.13 8.28 10.21
Labour Costs 115 104 99.2 114 99.44 105
Productivity 32.45 33.59 34.08 34.56 35.03 38.73
Job Vacancies 210 204 203 200 193 163
Minimum Wages 1552 1530 1570 1575 1579 1560
Wage Growth 1.57 1.57 1.63 1.69 1.73 2
Wages in Manufacturing 112 113 113 113 113 113
Population 17.08 17.08 17.16 17.16 17.16 17.41
Retirement Age Women 65.75 65.75 66 66 66 66.67
Retirement Age Men 65.75 65.75 66 66 66 66.67
Labor Force Participation Rate 63.9 63.84 63.83 63.83 63.83 63.85
Living Wage Family 1450 1460 1460 1460 1460 1460
Living Wage Individual 1080 1064 1066 1068 1069 1060
Wages Low Skilled 1670 1652 1614 1595 1576 1582
Wages High Skilled 2940 2874 2837 2819 2801 2832
Part Time Employment 4128 4144 4149 4148 4148 4128
Employment Change 0.5 0.48 0.45 0.45 0.4 0.32
Employment Rate 75.7 75.69 75.73 75.79 75.73 75.36
Full Time Employment 4253 4202 4185 4196 4219 4254