The Netherlands' seasonally adjusted unemployment rate inched up to 3.2 percent in August 2021 from 3.1 percent a month earlier. The number of unemployed increased by 12 thousand to 301 thousand while employment rose by 13 thousand to 9.11 million in August. Meantime, the number of people claiming unemployment benefits declined by 11.6 thousand to 212.7 thousand in August, lower than in February 2020, just before the corona crisis. At the end of February 2020, there were 240.2 thousand unemployment benefits. Meanwhile, the labor force participation went up to 71.8 percent in August, a new record in employment rate. source: Statistics Netherlands
Unemployment Rate in Netherlands averaged 5.10 percent from 2003 until 2021, reaching an all time high of 7.90 percent in February of 2014 and a record low of 2.90 percent in February of 2020. This page provides - Netherlands Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Netherlands Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Unemployment Rate in Netherlands is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Netherlands Unemployment Rate is projected to trend around 3.30 percent in 2022 and 3.20 percent in 2023, according to our econometric models.