Netherlands Unemployed Persons - Forecast

Unemployed Persons in Netherlands is expected to be 335.05 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Netherlands to stand at 307.83 in 12 months time. In the long-term, the Netherlands Unemployed Persons is projected to trend around 276.55 Thousand in 2020, according to our econometric models.


Netherlands Unemployed Persons
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Netherlands Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 3.9 3.8 4.2 4.4 4.5 5.1
Employed Persons 8747 8751 8751 8751 8751 8751
Unemployed Persons 352 335 324 315 308 277
Long Term Unemployment Rate 1.6 1.34 1.33 1.32 1.18 0.65
Youth Unemployment Rate 6.9 6.66 6.55 6.47 6.42 6.3
Labour Costs 102 103 104 104 104 104
Productivity 32.8 32.8 32.8 32.79 32.79 32.78
Job Vacancies 238 249 254 266 275 291
Minimum Wages 1578 1590 1590 1614 1601 1626
Wage Growth 1.74 1.73 1.73 1.73 1.74 1.74
Wages in Manufacturing 114 114 114 114 115 120
Population 17.12 17.12 17.12 17.18 17.18 17.26
Retirement Age Women 66 66 66 66.25 66 66.5
Retirement Age Men 66 66 66 66.25 66 66.5
Labor Force Participation Rate 63.9 63.92 63.95 63.91 63.96 63.95
Living Wage Family 1450 1460 1460 1560 1460 1560
Living Wage Individual 1080 1077 1075 1075 1075 1075
Wages High Skilled 2940 3000 3000 3000 2847 3050
Part Time Employment 4226 4251 4276 4266 4288 4305
Wages Low Skilled 1670 1690 1690 1690 1620 1750
Employment Change 0.8 0.8 0.8 0.79 0.8 0.8
Employment Rate 76.2 76.97 76.95 76.87 77.13 77.75
Full Time Employment 4208 4287 4259 4251 4286 4305