Unemployment continues to fall
Today, the digital publication on the labour market ‘De arbeidsmarkt in cijfers' (Dutch only) will be released. This publication provides an elaborate overview of the situation on the Dutch labour market in 2015.
UWV: fewer people claim unemployment benefitsIn the period January-August 2016, UWV granted 334 thousand new unemployment benefits , i.e. 56 thousand fewer (-14.4 percent) than in the same period last year. The reduction among over-55s was only 8.2 percent. In all sectors except retail department stores and the metal industry, the number of new unemployment benefits declined. In the sectors construction (-28.9 percent), printing and publishing (-25.4 percent) and health care and welfare (-24.6 percent), the number of benefit claimants decreased.
UWV: current unemployment benefits gradually downThe number of current unemployment benefits has fallen since April this year. Towards the end of August, UWV reported nearly 427 thousand current benefits, 5 thousand (-1.2 percent) down from July. Proportionally, current benefits decreased most among under-25s (-2.5 percent). In relative terms, the number of benefits declined most in sectors which tend to be sensitive to seasonal fluctuations, like construction (-5.2 percent) and agriculture (-5.1 percent). The number of unemployment benefits increased by 6.9 percent in the sector education as many temporary contracts were terminated at the end of the school year. It mainly concerns teachers in primary education and teachers of general subjects.
Sharp fall unemployment among over-45s in the past six months
In the past six months, the reduction in unemployment was most obvious among over-45s. People in this age bracket accounted for more than half of the decrease. After the peak in February 2014, unemployment started to fall, in particular among 25 to 45-year-olds. The number of unemployed over the age of 45 remained stable for two years, but during the past six months unemployment has decreased, also among over-45s. CBS reported earlier that unemployment among over-55s was below the level of one year previously. The share of long-term unemployed, on the other hand, has not fallen.
More people in work
The population in the Netherlands includes 12.8 million people in the 15-74 age bracket, of whom 66.0 percent (8.4 million people, approximately 4.5 million men and 3.9 million women) had paid work in August. In the past six months, the number of people holding paid jobs has grown by 108 thousand. The increase includes more women than men.
The other nearly 4.4 million 15 to 74-year-olds do not have paid jobs; 521 thousand of them are unemployed and 3.8 million are not seeking work or not immediately available for the labour market. In the latter group, women constitute the majority (2.2 million).