All Dutch provinces except Groningen saw economic growth last year, according to figures Statistics Netherlands released on Tuesday. Of the four large Dutch cities, Amsterdam saw the biggest growth at 3 percent, The Hague the lowest at 2.2 percent. Rotterdam had the highest unemployment rate in the Netherlands last year at 11.3 percent, far above the national unemployment rate of around 6 percent.
Unemployment in the Netherlands dropped by an average of 6 thousand people per month during the first three months of this year, according to figures released by Statistics Netherlands. In March a total of 463 thousand people in the Netherlands were unemployed, 5.1 percent of the working population. In March last year, there were 574 thousand unemployed.
The number of people with paid work increased by an average of 14 thousand per month over the past three months. At the end of March benefits agency UWV was paying 415 thousand unemployment benefits, a decrease of 0.3 percent.
Poor literacy costs the Netherlands about 1 billion euros per year, according to a study commissioned by the Dutch Reading and Writing foundation. The costs come from the fact that people who struggle with reading and writing are more often unemployed, more often make use of healthcare and when they do have a job, it often pays little money, the foundation said, according to NOS.
After years of a budget deficit, the Dutch government managed to achieve a budget surplus in 2016. And that surplus is even 14 times larger than previously expected - a massive 2.9 billion euros, according to Statistics Netherlands on Friday. The Dutch economy also gew more than expected in previous estimations, RTL Nieuws reports.
Unemployed over 55-year-olds are still less likely to find work than their younger counterparts, according to figures Statistics Netherlands released on Friday.
Last year 7 percent of unemployed over 55-year-olds found work within three months. That is more than in previous years, but still less than younger age groups. In the age group 15 to 35 year olds, a third found work within 3 months. Among 35 to 55 year olds, one in five did so.
About 138 thousand Dutch twenty-somethings have no job and are not following any form of training, according to education organizations MBO Raad and NRTO. The groups are very concerned that these young adults will fall by the wayside, ANP reports.
"If we do nothing, this group will be the next lost generation, condemned to be on welfare until their retirement", Tom Heerts, chairman of the MBO Raad, and Hans Hillen, Charman of NRTO, said.
Amsterdam more than reached its goal on helping unemployed people in the city find work last year. In 2016 a total of 5,927 Amsterdam residents on welfare went back to work. The target was 4,200, the city announced in a press release, AT5 reports.
The city also guided more than 6,900 unemployed young people into training or work and another 4,500 long-term unemployed Amsterdam residents now volunteer or have meaningful daytime activities, according to the press release.
Long-term unemployment in the Netherlands decreased in 2016 for the firs time since 2009, Statistics Netherlands announced on Monday. There was even a decline among older workers, though the decrease was less significant than among younger age groups.
If the European Union falls apart, the Netherlands would face severe consequences, according to Rabobank. The Dutch economy will shrink by 10 to 15 percent, unemployment will double and welfare will remain structurally lower than when the Netherlands was part of the internal market. Should the EU stay together, but the Netherlands decides to step out, the consequences would be even more disastrous, the bank predicts, RTL Nieuws reports.
2016 saw the biggest drop in unemployment in the Netherlands in 10 years, according to figures from Statistics Netherlands. The unemployment rate dropped from 6.6 percent of the workforce in December 2015 to 5.4 percent in December 2016. The last time there was such a big decline in unemployment was in 2006, the statistics office announced on Thursday.
Last month 482 thousand people in the Netherlands were registered as unemployed and seeking work. That is 17 thousand fewer than in November 2016 and amounts to 5.4 percent of the workforce.
The Dutch economy will show solid growth again this year, though it will be weaker than in 2016, ING's Economic Bureau predicts in estimates published on Friday. The bank expects 1.6 percent growth this year, compared to 2.2 percent last year, ANP reports.
About a third of the estimated 300 thousand gifted Dutch are unemployed, according to a study by the Dutch institute for gifted adults IHBV. Many gifted people - people with an IQ over 130 - want to be constantly challenged, something that is not always possible in the work place, according to the study, Trouw reports.
Unemployment in the Netherlands continued its slight decline in November and for the first time since 2012 the number of unemployed in the country dropped below 500 thousand, Statistics Netherlands said on Thursday.
Last month there were 499 thousand unemployed people in the Netherlands, compared to 502 thousand in October. The unemployment rate remained stable at 5.6 percent of the workforce. Between September and November, the number of unemployed fell by an average of 7 thousand per month.
The number of people over 50 receiving unemployment benefits in the Netherlands continues to decline, according to benefits agency UWV on Tuesday. While the entire country is seeing a decline, there are large regional differences, NU.nl reports.
In Friesland the number of people over 50 on unemployment decreased by 13 percent since February. In Noord-Holland and Utrecht, the decline was around 4 percent.
In the third quarter unemployment was down in all provinces in the Netherlands, compared to the same quarter three years ago, Statistics Netherlands announced on Friday. On the same day Amsterdam announced that municipal program Participate Work found work for 3 thousand long-term unemployed people so far this year.
The Dutch economy grew by 0.7 percent in the third quarter compared to the second quarter and by 2.4 percent compared to the third quarter in 2015, according to the initial figures by Statistics entherlands. This is the 10th quarter in a row that the Dutch economy showed growth.
Statistics Netherlands mainly attributes the growth to exports and household consumption. Consumers spent more on electronics, restaurants and other forms of entertainment. More foreign tourists also visited the Netherlands.
The percentage of young Dutch without a basic qualification that are unemployed is increasing, according to Statistics Netherlands. In 2008 more than 70 percent of young people without a basic qualification had a job. Now less than 60 percent are employed.
The unemployment rate for young people with a basic qualification is also higher than before the financial crisis. In the Netherlands a basic qualification is considered a completed MBO level 2, HAVO or VWO
Two thirds of unemployed people in the Netherlands manage to find another job within a year, according to figures from benefits agency UWV. The unemployed are benefiting from increasing job opportunities on the Dutch labor market
While the Netherlands is facing many challenges at this time, the financial crisis is behind us and the country is doing better, King Willem-Alexander said in his fourth Budget Day speech from the throne in the Ridderzaal on Tuesday. "Unrest and unease are hallmarks of our time. We must seize the opportunities that the future offers us", the King said, according to the Volkskrant's live blog on Budget Day 2016.
The Dutch economy is expected to grow by 1.7 percent next year, according to the leaked budget memorandum RTL Nieuws and Telegraaf managed to get hold of. That is slightly more than the 1.6 percent initially estimated.
In August unemployment in the Netherlands dropped to its lowest rate since August 2012, Statistics Netherlands announced on Thursday. Last month 521 thousand people in the Netherlands were unemployed. That is 5.8 percent of the workforce, compared to 6 percent in July.
There was a sharp drop in unemployment among 25- to 30-year-olds over the past two years, according to figures Statistics Netherlands released on Wednesday. In this age group unemployment fell from 7.3 percent in the second quarter of 2014 to 5 percent in the last quarter of 2015. Though the unemployment rate is still highest among 25- to 45-year-olds.
For the second quarter in a row, there was a decrease in unemployment among workers aged 55 years and older in the Netherlands, according to figures Statistics Netherlands released on Thursday.
Last year the wage costs to companies per hour worked increased by 0.6 percent, compared to 2014, Statistics Netherlands announced on Monday. That is the smallest increase in the past 20 years. The low increase can mainly be attributed to lower employers contributions.