Dutch jobless rate dips to five percent: official

18th November 2010, Comments 0 comments

The level of unemployment in the Netherlands fell slightly to five percent in October, the national statistics office said on Thursday.

A total of 410,000 people are now out of work, a drop of 2,000 from the figure for September when the unemployment rate stood at 5.1 percent. The Netherlands has a population of around 16.5 million.

After four quarters of growth, figures were released last week showing that the Dutch economy shrank by 0.1 percent in the third quarter of 2010.

© 2010 AFP

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