Unemployment in Netherlands

Netherlands Unemployment | Economic News & Forecasts

Netherlands - Unemployment

The Dutch economy made a hesitant start to the year, with growth evaporating on the back of falling household consumption and moderating investment growth. During the second quarter, the data points to a two-speed economy. On one hand, business confidence rose to its highest level since November 2021 in April, while the manufacturing PMI showed that operating conditions continued to improve during the month. On the other hand, consumer sentiment deteriorated significantly during April and May, with inflation remaining in double digits during April. This is likely to constrain household spending during the quarter, despite a further tightening of the labor market in April. Meanwhile, the European Commission recently listed tax distortions, the housing market, the pension system and the green-energy transition as key issues for the government to address.

Netherlands - Unemployment Data

2015   2016   2017   2018   2019  
Unemployment Rate6.9  6.0  4.9  3.8  3.4  

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Netherlands Unemployment Chart


Netherlands Unemployment
Note: Unemployment in % of active population.
Source: Statistics Netherlands and FocusEconomics calculations.

Netherlands Facts

Value Change Date
Bond Yield-0.065.70 %Jan 01
Exchange Rate1.120.65 %Dec 31

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