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Unemployment rate in Netherlands holds steady at 3.6% in August 2023

24 Sep '23
2 min read
Pic: Shutterstock
Pic: Shutterstock

Insights

  • Netherlands' unemployment rate remained unchanged at ***.* per cent in August 2023, with ***,*** people aged 15 to 74 being unemployed.
  • There were variations among different age groups and a net increase of **,*** unemployed persons over the past three months.
  • The Employee Insurance Agency also noted a ***.* per cent monthly increase in unemployment benefits.

The Employee Insurance Agency (UWV) issued ***.* thousand unemployment (WW) benefits in August, marking a *.* per cent increase from July. Year-on-year, the figure has risen by *.* per cent. Except for agriculture, greenery and fisheries, all sectors saw an uptick in WW benefits.

Although the overall unemployment rate for those aged ** to ** remained stable, there were variations among age groups. Youth unemployment increased from *.* per cent in December of the previous year to *.* per cent in August ****. This contrasted with the ** to ** age group, where the unemployment rate remained virtually unchanged, and the ** to ** age group, where it dropped from *.* to *.* per cent, CBS said in a media release.

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