Unemployment in Belgium
Belgium - Unemployment
First-quarter growth is thought to have been lethargic but roughly in line with last year’s expansion. Available early-year data points to another investment-led outturn; industrial output posted gains through February, hinting that a nascent stabilization could be afoot. Economic sentiment has not reflected this nor the tight labor market, however, and has instead echoed the broader Eurozone cool-off—and especially the recent downturns in Germany and France. Exports, in turn, have been losing ground since late last year. Ahead of federal elections on 26 May, the fate of earlier economic reforms is up in the air as opinion polls show that the previous center-right government will struggle to hold onto power. Political support for a patchwork of other parties, including a groundswell for the green parties, would likely force coalition talks and renewed emphasis on climate policy; analysts anticipate few changes to the government’s fiscal priorities, however.Belgium - Unemployment Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Unemployment Rate | 8.5 | 8.5 | 8.5 | 7.9 | 7.1 |
Belgium Unemployment Chart
Source: National Bank of Belgium.
Belgium Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.43 | 0.15 % | May 13 |
| Exchange Rate | 1.12 | 0.65 % | May 13 |
| Stock Market | 3,452 | -0.23 % | May 13 |
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Economic News
Belgium: Economic sentiment splits in May
May 24, 2019
The consumer confidence indicator produced by the National Bank of Belgium (NBB) rose 2 points in May to minus 5 points.
Belgium: Industrial output slips in March
May 24, 2019
Industrial output decreased 0.8% on an annual basis in March, contrasting a 5.9% increase in February.
Belgium: Greens look poised to build coalition; economic reforms likely to be shelved
April 30, 2019
Five months after Prime Minister Charles Michel resigned following a no-confidence vote, Belgians will head to the polls on 26 May to elect a new government.
Belgium: Growth slips in Q1
April 29, 2019
Belgium’s economy grew 0.2% quarter-on-quarter and in seasonally-adjusted terms in the first quarter (Q4 2018: +0.4% quarter-on-quarter s.a.), according to a first estimate released by the National Bank of Belgium (NBB) on 29 April.
Belgium: Industrial output accelerates in February
April 25, 2019
Industrial output increased 6.5% on an annual basis in February, up from a 4.4% increase in January.
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