Unemployment down to 6 percent

The Netherlands had 541 thousand unemployed in July, equivalent to 6.0 percent of the labour force. In April, unemployment stood at 572 thousand or 6.4 percent of the labour force. According to Statistics Netherlands (CBS), the strongest decline is in the percentage of unemployed aged 45 and above. Since April, 40 thousand people have found paid employment. The Employee Insurance Agency (UWV) transferred 432 thousand unemployment (WW) benefits by end of July.

 
Unemployed and benefits, monthly figures up to July 2016 inclusive
Unemployed and benefits, monthly figures up to July 2016 inclusive
 Unemployed (15-74 yrs season. adjusted)Unemployment benefits (15 yrs to retirement age)
430284
425280
413270
411261
414256
409252
425254
427256
442252
458253
474258
473270
486292
482299
487296
502292
501291
502291
518298
517304
530304
539310
554322
572340
589369
601377
619380
625380
632378
648382
666395
670399
675400
680408
677419
687438
691460
699460
692454
684443
672436
656431
648437
637430
630420
632419
635425
643441
645458
633455
626443
625427
617416
611410
603420
604420
609417
616421
596427
588446
574465
581469
574470
572461
560448
550438
541432

UWV: fewer new unemployment benefits

In the first seven months of this year, UWV paid out 300 thousand new unemployment benefits. This is 50 thousand fewer (-14 percent) than in the same period in 2015. For people aged 55 and above, the decrease was smaller (-8 percent). The number of benefits fell across all sectors of industry except wholesale trade. The drop was relatively most significant in the sectors construction, health care and welfare, the printing industry and temporary employment agencies.

UWV: further decline in benefits, but rise in education sector

The number of current unemployment benefits has dropped for the fourth consecutive month. By end of July, UWV had 432 thousand current unemployment benefits, a decrease on June of nearly 7 thousand (-1.6 percent). In percentage terms, the drop was sharpest among young people aged 25 and under. Highly seasonal sectors like construction and agriculture saw a relatively more significant drop in number of unemployment benefits. In education, the end of the academic year meant the ending of many temporary contracts and subsequently a higher number of unemployment benefits in July.

Sharpest drop in percentage of unemployed people aged 45 or over

The total number of unemployed fell from 572 thousand in April to 541 thousand in July, i.e. the unemployment rate dropped from 6.4 to 6.0. The decrease was seen among all age groups, in particular in the group aged 45 and over. For young people up to age 24, unemployment fell during these three months from 11.2 percent (April) to 10.8 percent (July); among the 25 to 45-year-olds, from 4.8 percent to 4.7 percent, and among the over-45s, from 6.1 percent to 5.6 percent. Total unemployment has declined since early 2014.

Unemployment rate by age (seasonally adjusted)
Unemployment rate by age (seasonally adjusted)
 15-24 yrs25-44yrs45-75 yrs
2014 Jan13.56.86.6
2014 Feb13.86.96.6
2014 Mar13.66.86.7
2014 Apr13.26.76.8
2014 May136.56.7
2014 Jun12.86.36.6
2014 July12.86.16.6
2014 Aug12.466.5
2014 Sep125.96.5
2014 Oct1266.5
2014 Nov11.966.5
2014 Dec11.866.7
2015 Jan11.76.16.7
2015 Feb116.16.7
2015 Mar10.85.96.7
2015 Apr10.95.96.6
2015 May11.15.76.5
2015 Jun11.15.56.6
2015 July11.35.46.4
2015 Aug11.25.46.4
2015 Sep11.55.46.5
2015 Oct11.65.46.6
2015 Nov11.25.26.5
2015 Dec11.25.16.4
2016 Jan11.24.96.2
2016 Feb11.356.2
2016 Mar11.44.96.1
2016 Apr11.24.86.1
2016 May11.14.66
2016 Jun10.84.75.9
2016 July10.84.75.6

More people employed

The Netherlands has 12.8 million inhabitants aged 15 to 74. In July, 65.9 percent of them had paid employment. This amounts to over 8.4 million people, including approximately 4.5 million men and 3.9 million women. Since the beginning of the year, the number of people with paid jobs has gone up by 95 thousand. The rise was sharper among women than among men.
The remainder of nearly 4.4 million people aged 15 to 74 do not have paid employment. Among them are 541 thousand unemployed and 3.8 million inactive people who are not looking or not immediately available for work. The latter group largely consists of women (2.2 million).

Total and working labour force (seasonally adjusted)
Total and working labour force (seasonally adjusted)
 Total labour force (15-74 yrs)Employed labour force (15-74 yrs)
2011 Jan8.7048.274
2011 Feb8.7028.277
2011 Mar8.6678.253
2011 Apr8.6638.252
2011 May8.6558.24
2011 Jun8.6778.268
2011 Jul8.6748.249
2011 Aug8.6938.267
2011 Sep8.748.299
2011 Oct8.7688.309
2011 Nov8.7948.32
2011 Dec8.818.337
2012 Jan8.8098.323
2012 Feb8.8048.322
2012 Mar8.8028.316
2012 Apr8.8198.317
2012 May8.8298.329
2012 Jun8.8298.327
2012 Jul8.8348.317
2012 Aug8.8648.347
2012 Sep8.8818.352
2012 Oct8.8888.349
2012 Nov8.8868.332
2012 Dec8.8978.325
2013 Jan8.8938.304
2013 Feb8.8948.294
2013 Mar8.9128.293
2013 Apr8.9068.281
2013 May8.9038.27
2013 Jun8.9118.263
2013 Jul8.9128.247
2013 Aug8.9198.249
2013 Sep8.9348.259
2013 Oct8.9518.271
2013 Nov8.9378.26
2013 Dec8.9018.214
2014 Jan8.8968.205
2014 Feb8.8948.195
2014 Mar8.8538.161
2014 Apr8.8558.171
2014 May8.8648.192
2014 Jun8.8468.19
2014 Jul8.8548.206
2014 Aug8.8588.222
2014 Sep8.8578.227
2014 Oct8.8938.261
2014 Nov8.9018.266
2014 Dec8.9018.258
2015 Jan8.9248.279
2015 Feb8.9118.278
2015 Mar8.9028.276
2015 Apr8.9098.285
2015 May8.9128.295
2015 Jun8.918.299
2015 Jul8.9028.299
2015 Aug8.918.307
2015 Sep8.9088.3
2015 Oct8.9168.3
2015 Nov8.8958.299
2015 Dec8.8988.31
2016 Jan8.8928.318
2016 Feb8.9058.324
2016 Mar8.9128.338
2016 Apr8.9468.374
2016 May8.9358.375
2016 Jun8.9418.391
2016 Jul8.9558.413

Unemployment declining less rapidly

The number of unemployed who find paid employment is larger than the number of working people becoming unemployed. Nevertheless, the decline in unemployment has levelled of somewhat over the past six months, as more people started looking for work who did not immediately find a job.
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