Unemployment hardly changed

  • 4 percent of the Dutch labour force are unemployed
  • Monthly decline only one thousand over the past six months
  • Unemployment 36 thousand down in one year

In the period April-June this year, average unemployment was 310 thousand, i.e. 4.0 percent of the labour force versus 4.6 percent in the period April-June 2007. Over the past six months, unemployment declined by only one thousand a month, according to the latest figures released by Statistics Netherlands.

Seasonally corrected unemployment over the period April-June 2008 was 312 thousand, 3 thousand more than over the period March-May, but it would be premature to conclude that this foreshadows a radical change. As figures on unemployment are based upon a sample survey, more reliable figures can be obtained by monitoring the situation over a longer period of time. In the past six months, unemployment declined by an average of one thousand a month, the smallest decline since unemployment began to fall three years ago.

In the period April-June, unemployment was 36 thousand down on the same period in 2007. Unemployment decreased among both genders, but the decline among women was more substantial.

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