Labour Costs in Netherlands decreased to 107.30 points in the first quarter of 2020 from 107.80 points in the fourth quarter of 2019.

Labour Costs in Netherlands averaged 87.43 points from 1987 until 2020, reaching an all time high of 114.70 points in the second quarter of 2019 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 July of 2020. source: European Central Bank

Labour Costs in Netherlands is expected to be 100.50 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 108.59 in 12 months time. In the long-term, the Netherlands Labour Costs is projected to trend around 110.18 points in 2021 and 112.39 points in 2022, according to our econometric models.

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Netherlands Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
107.30 107.80 114.70 66.60 1987 - 2020 points Quarterly
2010=100, NSA

Netherlands Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.60 3.40 7.90 2.90 percent [+]
Employed Persons 8856.00 8880.00 9059.00 6851.00 Thousand [+]
Unemployed Persons 330.00 314.00 699.00 273.00 Thousand [+]
Long Term Unemployment Rate 0.90 1.00 3.20 0.70 percent [+]
Youth Unemployment Rate 9.50 8.40 17.70 6.20 percent [+]
Labour Costs 107.30 107.80 114.70 66.60 points [+]
Productivity 103.74 104.75 106.45 85.92 points [+]
Job Vacancies 221.70 281.20 293.80 81.80 Thousand [+]
Minimum Wages 1653.60 1635.60 1653.60 1064.20 EUR/Month [+]
Wage Growth 2.80 2.81 4.71 0.44 percent [+]
Wages in Manufacturing 120.60 120.50 120.60 59.10 points [+]
Population 17.28 17.18 17.28 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 4428.60 4381.60 4428.60 2816.80 Thousand [+]
Labor Force Participation Rate 70.20 70.30 71.50 67.40 percent [+]
Employment Change 0.20 0.40 1.20 -0.90 percent [+]
Employment Rate 78.40 78.40 78.40 63.50 percent [+]
Full Time Employment 4312.50 4351.50 4705.40 4016.00 Thousand [+]