Dutch unemployment dips below 5%, lowest since summer 2011

Looking for work at a jobs fair. Photo: Expatica.com

Unemployment in the Netherlands fell to 4.9% in June, the lowest level since the summer of 2011, the national statistics office CBS said on Thursday.

Jobless numbers have fallen by an average 5,000 a month for the past three months, reaching 446,000 in June. The number of people in paid employment increased by an average 11,000 a month in the same period, the CBS added.

Job centre UWV said 372,000 people were receiving unemployment benefit at end-June.




The unemployment rate for the under-25ss was 8.9% at the end of the 2017 second quarter, down from 9.5% six years earlier. However, joblessness among those aged 45 and older was higher at  at 4.7% compared with 4.1% in 2011.

The number of unemployed declined because more people found jobs than lost them, the CBS explained. In June 118,000 were in paid employment who had been jobless three months earlier.