The Netherlands' seasonally adjusted unemployment inched up to 3.3 percent in May 2022 from April's 25-month low of 3.2 percent, as the number of unemployed increased by 7 thousand from a month earlier to 323 thousand. Meanwhile, employment rose 28 thousand to a fresh record peak of 9.551 million, due to lifting of COVID-19 restrictions. On the other hand, the number of people claiming unemployment benefits fell by more than 10 thousand to 165 thousand. The labor force participation edged up to 74.7 percent from 74.6 in April. source: Statistics Netherlands
Unemployment Rate in Netherlands averaged 5.08 percent from 2003 until 2022, 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 July of 2022.
Unemployment Rate in Netherlands is expected to be 3.50 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 3.20 percent in 2023, according to our econometric models.