Unemployment in Netherlands

Netherlands Unemployment | Economic News & Forecasts

Netherlands - Unemployment

Economic growth accelerated in Q4 to more than twice the speed of the EU28 average, after moderating in Q3. This came on the tails of firming domestic demand and an improved trade balance. Private consumption picked up and benefited from still-elevated sentiment, a drop in unemployment and stable inflation. However, the improved trade balance was the result of falling imports outweighing the decline in exports, and is thus less cause for celebration. Available data for the first quarter of this year, meanwhile, suggests a softening in economic activity. In February, consumer sentiment turned pessimistic for the first time in four years, and well below the Q4 reading. Moreover, business confidence moderated noticeably in January, while the manufacturing PMI sank to a two-year low in the same month.

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 Yield0.165.70 %Mar 08
Exchange Rate1.120.65 %Mar 11
Stock Market535-0.57 %Mar 11

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