Labour Costs in Netherlands decreased to 112.50 points in the first quarter of 2021 from 118 points in the fourth quarter of 2020. source: European Central Bank

Labour Costs in Netherlands averaged 88.35 points from 1987 until 2021, reaching an all time high of 130.70 points in the second quarter of 2020 and a record low of 66.60 points in the first quarter of 1989. This page provides - Netherlands Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Netherlands Labour Costs - values, historical data and charts - was last updated on September of 2021.

Labour Costs in Netherlands is expected to be 109.35 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Netherlands Labour Costs is projected to trend around 123.73 points in 2022 and 126.33 points in 2023, according to our econometric models.

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Netherlands Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
112.50 118.00 130.70 66.60 1987 - 2021 points Quarterly
2010=100, NSA

Netherlands Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.20 3.10 7.90 2.90 percent [+]
Employed Persons 9110.00 9097.00 9110.00 6851.00 Thousand [+]
Unemployed Persons 301.00 289.00 699.00 273.00 Thousand [+]
Long Term Unemployment Rate 1.10 1.00 3.20 0.70 percent [+]
Youth Unemployment Rate 7.40 7.30 17.70 6.20 percent [+]
Labour Costs 112.50 118.00 130.70 66.60 points [+]
Productivity 103.30 103.35 106.45 85.92 points [+]
Job Vacancies 333.60 248.50 333.60 81.80 Thousand [+]
Minimum Wages 1701.00 1684.80 1701.00 1064.20 EUR/Month [+]
Wage Growth 2.03 2.03 4.71 0.44 percent [+]
Wages in Manufacturing 124.20 124.10 124.20 59.10 points [+]
Population 17.41 17.28 17.41 11.42 Million [+]
Retirement Age Women 66.33 66.33 66.33 65.00 [+]
Retirement Age Men 66.33 66.33 66.33 65.00 [+]
Labor Force Participation Rate 71.80 71.60 71.80 67.40 percent [+]
Part Time Employment 3836.40 3754.70 4450.20 2816.80 Thousand [+]
Employment Change -0.20 -0.20 1.50 -2.60 percent [+]
Employment Rate 79.20 77.90 79.20 63.50 percent [+]
Full Time Employment 5105.40 5009.80 5105.40 4016.00 Thousand [+]