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Dutch unemployment dips below 5%

About Holland

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07.21.2017

Unemployment in the Netherlands fell to 4.9% in June, the lowest level since the summer of 2011, the national statistics office CBS said on Thursday.

Jobless numbers have fallen by an average 5,000 a month for the past three months, reaching 446,000 in June. The number of people in paid employment increased by an average 11,000 a month in the same period, the CBS added.

Job centre UWV said 372,000 people were receiving unemployment benefit at end-June.

The unemployment rate for the under-25ss was 8.9% at the end of the 2017 second quarter, down from 9.5% six years earlier. However, joblessness among those aged 45 and older was higher at  at 4.7% compared with 4.1% in 2011.

The number of unemployed declined because more people found jobs than lost them, the CBS explained. In June 118,000 were in paid employment who had been jobless three months earlier.

Source: DutchNews.nl

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