The Netherlands' seasonally adjusted unemployment rate inched lower to 3.9 percent in December 2020 from 4.0 percent a month earlier, pointing to the lowest reading since May. The number of unemployed fell by 10 thousand to 368 thousand while employment edged up to 9 million from 8.98 million in November. Meantime, the number of people claiming unemployment benefits increased by nine thousand to 286 thousand in December. source: Statistics Netherlands
Unemployment Rate in Netherlands averaged 5.16 percent from 2003 until 2020, reaching an all time high of 7.90 percent in February of 2014 and a record low of 2.90 percent in February of 2020. This page provides - Netherlands Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Netherlands Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Unemployment Rate in Netherlands is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Netherlands to stand at 5.10 in 12 months time. In the long-term, the Netherlands Unemployment Rate is projected to trend around 4.40 percent in 2022, according to our econometric models.