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Home International Customs Netherlands

Unemployment in Netherlands rises to 642000 in 2014

byCustoms Today Report
23/01/2015
in Netherlands
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AMSTERDAM: The number of unemployed in the Netherlands rose by 12,000 in December and amounted to 642000 people, Netherlands Statistics announced.

The unemployment rate rose in December after remaining virtually unchanged in the previous three months. In December unemployed people accounted for 8.1 percent of the workforce. Figures from UWV shows that the number of unemployment benefits increased in December by 16 thousand to 441000. The number of benefits at the end of 2014 was slightly higher than at the end of 2013.

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The seasonally adjusted unemployment rate came out on 642000 people in December. That is 26 thousand less than at the beginning of 2014. In the first few months of last year, the unemployment rate increased quickly, but there was a sharp decline from May to August. During autumn the unemployment rate remained stable at 8.0 percent of the workforce.

According to the definition of the International Labor Organisation (ILO), unemployment in the Netherlands amounted to 6.7 percent of the workforce. This figure was 6.5 percent in November. This means that unemployment in the Netherlands is relatively low on international terms. The unemployment rate in the euro zone was 11.5 percent in November and 10.0 percent in the European Union as a whole.

Tags: Unemployment in Netherlands

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