Labour Costs in Netherlands increased to 118.30 points in the fourth quarter of 2020 from 107.20 points in the third quarter of 2020. source: European Central Bank

Labour Costs in Netherlands averaged 88.12 points from 1987 until 2020, reaching an all time high of 131 points in the second quarter of 2020 and a record low of 66.60 points in the first quarter of 1989. This page provides - Netherlands Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Netherlands Labour Costs - values, historical data and charts - was last updated on April of 2021.

Labour Costs in Netherlands is expected to be 113.78 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Netherlands to stand at 116.63 in 12 months time. In the long-term, the Netherlands Labour Costs is projected to trend around 116.63 points in 2022 and 113.17 points in 2023, according to our econometric models.

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Netherlands Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
118.30 107.20 131.00 66.60 1987 - 2020 points Quarterly
2010=100, NSA

Netherlands Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.60 3.60 7.90 2.90 percent [+]
Employed Persons 9024.00 9004.00 9059.00 6851.00 Thousand [+]
Unemployed Persons 340.00 337.00 699.00 273.00 Thousand [+]
Long Term Unemployment Rate 0.90 0.70 3.20 0.70 percent [+]
Youth Unemployment Rate 9.40 9.10 17.70 6.20 percent [+]
Labour Costs 118.30 107.20 131.00 66.60 points [+]
Productivity 101.96 102.08 106.45 85.92 points [+]
Job Vacancies 213.70 215.60 293.80 81.80 Thousand [+]
Minimum Wages 1684.80 1680.00 1684.80 1064.20 EUR/Month [+]
Wage Growth 2.39 2.31 4.71 0.44 percent [+]
Wages in Manufacturing 123.40 122.80 123.40 59.10 points [+]
Population 17.41 17.28 17.41 11.42 Million [+]
Retirement Age Women 66.67 66.33 66.67 65.00 [+]
Retirement Age Men 66.67 66.33 66.67 65.00 [+]
Part Time Employment 4450.20 4384.30 4450.20 2816.80 Thousand [+]
Labor Force Participation Rate 71.40 71.20 71.50 67.40 percent [+]
Employment Change -0.10 1.60 1.60 -2.80 percent [+]
Employment Rate 77.60 77.30 78.40 63.50 percent [+]
Full Time Employment 4249.20 4276.60 4705.40 4016.00 Thousand [+]