Economic growth in the Netherlands dropped considerably in the third quarter. Compared to the second quarter, the economy grew by only 0.2 percent between start July and end September - the lowest quarterly growth in the past two years, Statistics Netherlands reported on Wednesday.
There is no question of displacement on the Dutch labor market between older people and young people or between highly educated and low-educated people, and displacement by migrant workers is rare, according to a study by social and cultural planning office SCP and the Dutch bureau for economic policy analysis CPB, NOS reports.
Despite economic setbacks that threaten from the Brexit and United States president Donald Trump's trade wars, this is a logical time to give "something back" to the Dutch, Prime Minister Mark Rutte said about the budget and the government's plans for next year, NU.nl reports.
The disadvantaged position women have on the Dutch labor market costs the Netherlands billions of euros, according to a study done by consultancy firm McKinsey. If the Dutch labor market was as gender-equal as the best performing neighboring countries, the Dutch economy would get a 114 billion euros boost. If the labor market was totally gender-equal, that would generate 221 billion euros, Financieele Dagblad and NOS report.
The number of open vacancies in the Netherlands reached record high in the second quarter of this year. At the end of June there were 251 thousand open vacancies, a growth of 16 thousand in the second quarter. With that the previous record from the end of 2007 was broken. Then there were 249 thousand open vacancies in the country, Statistics Netherlands reported on Tuesday.
Shortages on the Dutch labor market are only increasing, according to a report published by benefits agency UWV on Tuesday. Currently one in five employers experience production issues due to staff shortages. In sectors like temporary employment, call centers, IT services, architects, and the metal- and technology industry, this increases to one in three employers, ANP reports.
The Netherlands is the second best country in Europe when it comes to workers keeping their knowledge level up to standard with courses, training, workshops and conferences. More than half of employed people between 25 and 65 follow a work-related course during his or her career, according to the Adult Education Survey conducted by Statistics Netherlands on behalf of European stats office Eurostat.
In the fourth quarter of 2017 the number of jobs in the Netherlands increased by 57 thousand, the number of vacancies rose by 14 thousand and the number of unemployed people in the country decreased by 29 thousand. These are the strongest labor figures the Netherlands has seen since the financial crisis, Statistics Netherlands reported on Wednesday based on the latest quarterly figures on the labor market.
The Dutch economy will grow by 3.1 percent next year, according to the Netherlands central planning office for economic policy CPB. "Such growth percentages have not occurred since 2007", CPB said, NU.nl reports. "Because of the persistently high growth, there will be a boom in the coming year."
Employers in technology, healthcare and education will have an increasingly difficult task filling vacancies in the coming years, according to the University of Maastricht's research center for education and labor market RAO. Over the next five years, the number of jobs in the Netherlands is expected to grow by 520 thousand, with the largest number of vacancies expected to be in technology and healthcare, according to the researchers, NOS reports.
The number of people in the Netherlands receiving welfare benefits continues to rise, Statistics Netherlands reported on Thursday. Between June 2016 and June 2017, this group increased by 12 thousand people to a total of 472 thousand welfare recipients. The increase is smaller than in previous years, the stats office added.
The unemployment rate among people with a non-Western background in the Netherlands decreased in 2016, according to Statistics Netherlands. Last year unemployment in this group was 13.2 percent, compared to 16.5 percent in 2014.
Statistics Netherlands also noted that unemployment is higher among the second generation of non-Western immigrants than the first generation. The unemployment rate for second generation immigrants, who were born in the Netherlands, was 14.3 percent last year, compared to 12.5 percent for first generation immigrants.
A Dutch person with a criminal record has a better chance of finding a job in the Netherlands than someone with a non-Western background and no criminal record, according to a study done by researchers from a number of Dutch universities. Their conclusion is that when looking for work in the Netherlands, ethnicity is more important that criminal records, NOS reports.
The Netherlands' labor market is doing fantastically - unemployment continues to fall, just like unemployment benefits, and vacancies are on the rise. But the wages in the country are lagging behind the economic recovery and that must change, Christine Lagarde, director of the International Monetary Fund, said in Luxembourg on Thursday, Metro reports.
Unemployment in the Netherlands continues to fall and the number of vacancies is on the rise. In the first quarter of this year there were 2.7 unemployed persons per open vacancy, compared to 3.9 in the same quarter last year, according to figures Statistics Netherlands released on Friday.
Last year the Dutch labor market was recovered from the economic crisis in many aspects, though labor participation was still lower than in 2008 before the outbreak of the crisis, according to figures Statistics Netherlands released on Wednesday. In 2016 the number of unemployed people was still 1.5 times higher than in 2008, the number of people in long-term unemployment was over twice as high.
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.
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
Last year some 1.7 million people in the Netherlands between the ages of 15 and 74 years had some form of occupational disability. Of those between the ages of 25 to 45 years, the age group most active in the Dutch labor market, only 42 percent have paid work, according to figures released by Statistics Netherlands on Monday.
Dutch municipalities are worried that 90 percent of refugees given residency permits in the past years will not be able to find work, according to a survey by Kennisplatform Integratie & Sameleving
Minister Jet Bussemaker of Education announced that 43.5 million euros was available for 17 initiatives aimed to better connect vocational education to the labor market. The money is intended to make it possible for vocational students to already work and gain experience during their studies, so that they are ready to join the labor market as soon as they pass their exams.
Freelancers are getting more work hours than they did two years ago. They more often keep working for their client and are also offered a permanent contract more often, according to figures Statistics Netherlands released on Tuesday
The number of people facing long-term unemployment in the Netherlands is decreasing. In the first quarter of this year 232 thousand people were unemployed for at least 12 months, a decrease of 57 thousand compared to the same period in 2015, Statistics Netherlands announced on Thursday.
Employment agencies looking for job candidates have to include at least one person over the age of 50 in the interviewees they send to their clients, according to employment agencies ABU and NBBU