Unemployment in Netherlands

Netherlands Unemployment | Economic News & Forecasts

Netherlands - Unemployment

The economy is fending off a more hostile external environment resiliently compared to regional peers. However, the diverging trend continued into Q3: robust domestic demand buttressing growth, while the manufacturing sector is suffering from external headwinds. The labor market remained tight through August and retail sales grew strongly in July, despite elevated inflation. Yet manufacturing output fell again in July amid industrial weakness in Germany. More positively, the manufacturing PMI picked up un August although it remained subdued by historical standards. Against the backdrop of a still-resilient economy, the government unveiled an expansionary 2020 budget on 17 September. The government is focusing on reducing the tax burden while increasing expenditure on pensions, environment, youth healthcare and the housing market.

Netherlands - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate7.3  7.4  6.9  6.0  4.9  

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Netherlands Unemployment Chart


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

Netherlands Facts

ValueChangeDate
Bond Yield-0.575.70 %Sep 03
Exchange Rate1.100.65 %Sep 04
Stock Market563-0.57 %Sep 04

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