Unemployment rate down from 6.5 to 6.4 percent

© Hollandse Hoogte
Unemployment declined marginally over the past three months, though not among young men. On average, unemployment fell by one thousand a month, hitting 572 thousand by the end of April. According to Statistics Netherlands (CBS), 6.4 percent of the labour force were unemployed in April 2016, as against 6.5 percent in January 2016 and 7.0 percent in April 2015. The Employee Insurance Agency (UWV) granted 461 thousand unemployment benefits by the end of April.

Last week CBS reported on the labour market in the first quarter of this year (Dutch only).

UWV: fewer new unemployment benefits in sector health care and welfare

UWV paid out 188 thousand new unemployment benefits in the first four months of this year, i.e. 26 thousand fewer (- 12 percent) than in the same period last year. The number of new benefits fell across all sectors, except in the segment retail department stores. Remarkable is the sharp decline in new benefits in the health care and welfare sector (- 26 percent).

Unemployed and unemployment benefits, monthly figures up to and including April 2016
Unemployed and unemployment benefits, monthly figures up to and including April 2016
 Unemployed (15-74 yrs) seasonally adjustedUnemployment benefits (15 yrs-retirement age)
"11430284
425280
413270
411261
414256
409252
425254
427256
442252
458253
474258
473270
"12486292
482299
487296
502292
501291
502291
518298
517304
530304
539310
554322
572340
"13589369
601377
619380
625380
632378
648382
666395
670399
675400
680408
677419
687438
"14691460
699460
692454
684443
672436
656431
648437
637430
630420
632419
635425
643441
"15645458
633455
626443
625427
617416
611410
603420
604420
609417
616421
596427
588446
"16574465
581469
574470
572461
 

Following the adoption of the Work and Security Act (Wwz), a new classification method on the basis of income adjustment was introduced in July 2015, which structurally increased the number of current unemployment benefits; firstly, because people who start working may still be entitled to income supplement under the Unemployment Act (WW) and secondly, their entitlement to a benefit is only terminated after a check has been performed to verify whether their self-reported income matches the income as stated by their employer. These data are available in the Policy administration.

More young men unemployed

In April last year 7.0 percent of the labour force were unemployed, versus 6.4 percent in April 2016, but unemployment among 15 to 25-year-old men rose from 10.8 to 12.0 percent in the span of one year. Most people in this age group were secondary school pupils and students often looking for small part-time jobs. Unemployment among 15 to 25-year-old women decreased from 11.1 to 10.4 percent in the same period.

Youth unemployment (seasonally adjusted) by gender, monthly figures up to and including April 2016
Youth unemployment (seasonally adjusted) by gender, monthly figures up to and including April 2016
 Men 15-24 yrsWomen 15-24 yrs
2015 Apr 10.811.1
2015 May11.111
2015 Jun11.510.8
2015 Jul11.511.2
2015 Aug11.211.3
2015 Sep11.511.5
2016 Oct11.811.5
2016 Nov11.211.2
2016 Dec11.510.8
2016 Jan11.710.6
2016 Feb11.810.8
2016 Mar1210.8
2016 Apr 1210.4
 

Nearly 8.4 million people employed

The population in the Netherlands includes 12.7 million people aged between 15 and 75. In April 65.7 percent of them (nearly 8.4 million people: 4.5 million men and nearly 3.9 million women) were working in paid employment.

The other 4.4 million people in the age category 15-74 do not have paid jobs: 572 thousand are unemployed and 3.8 million are not seeking employment or not immediately available for the labour market. In the latter group women are in the majority with 2.2 million.

UWV: Number of current benefits noticeably down among young people

Total and employed labour force (seasonally adjusted)
Total and employed labour force (seasonally adjusted)
 Total labour force (15-74 yrs)Employed labour force (15-74 yrs)
"1187048274
87028277
86678253
86638252
86558240
86778268
86748249
86938267
87408299
87688309
87948320
88108337
"1288098323
88048322
88028316
88198317
88298329
88298327
88348317
88648347
88818352
88888349
88868332
88978325
"1388938304
88948294
89128293
89068281
89038270
89118263
89128247
89198249
89348259
89518271
89378260
89018214
"1488968205
88948195
88538161
88558171
88648192
88468190
88548206
88588222
88578227
88938261
89018266
89018258
"1589248279
89118278
89028276
89098285
89128295
89108299
89028299
89108307
89088300
89168300
88958299
88988310
"1688928318
89058324
89128338
89468374

By the end of April 461 thousand people were receiving unemployment benefits from UWV, nearly 10 thousand fewer (- 2 percent) than in March. The number of benefits paid to under-25s decreased by almost 7 percent. Across all sectors, except in the segment retail department stores, the number of current unemployment benefits decreased in April compared to March.