Monday 26 October 2020

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.

Thank you for donating to DutchNews.nl

The DutchNews.nl team would like to thank all the generous readers who have made a donation in recent weeks. Your financial support has helped us to expand our coverage of the coronavirus crisis into the evenings and weekends and make sure you are kept up to date with the latest developments.

DutchNews.nl has been free for 14 years, but without the financial backing of our readers, we would not be able to provide you with fair and accurate news and features about all things Dutch. Your contributions make this possible.

If you have not yet made a donation, but would like to, you can do so via Ideal, credit card or Paypal.