Unemployment in Belgium

Belgium Unemployment | Economic News & Forecasts

Belgium - Unemployment

Economic activity seems to have edged up in the second quarter, as private consumption likely benefited from sustained labor market tightening in April–May and personal income tax cuts. On the flipside, fixed investment likely took a breather in Q2, as survey-based data for the quarter revealed a deterioration in sentiment in most sectors; notably, confidence in the manufacturing sector sank to its lowest point in over three years in June. Meanwhile, in the political arena, coalition talks on the heels of May’s federal election have yet to begin, and political parties appear to be waiting for negotiations to settle at the regional level before moving turning their attention to the national level. Although the Brussels region formed a government on 21 July, negotiations in Wallonia and Flanders are likely to take more time. Economic policy should remain stable until the next government is in place.

Belgium - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate8.5  8.5  8.5  7.9  7.1  

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Belgium Unemployment Chart


Belgium Unemployment
Note: Unemployment in % of active population.
Source: National Bank of Belgium.

Belgium Facts

ValueChangeDate
Bond Yield-0.120.15 %Jul 31
Exchange Rate1.110.65 %Jul 31
Stock Market3,701-0.23 %Jul 31

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