Dutch unemployment down slightly

15th September 2005, Comments 0 comments

15 September 2005, AMSTERDAM — An average of 490,000 people were unemployed in the Netherlands in the period June-August 2005.

15 September 2005

AMSTERDAM — An average of 490,000 people were unemployed in the Netherlands in the period June-August 2005.

After adjustment for seasonal effects the number was 487,000, 4,000 less than in the period May-July 2005, statistics agency CBS said on Thursday.

"This slight fall comes after a six-month period in which seasonally adjusted unemployment hovered just below the half a million mark, " the CBS said.

Seasonally adjusted unemployment fluctuated between 491,000 and 498,000 people in the first half of this year. At the beginning of 2005 it grew by around 2,000 people a month. Subsequently the trend turned, and unemployment fell by around 2,000 a month. There was a similar development halfway through 2004.

Youth unemployment usually shows a strong seasonal pattern and is traditionally highest in the summer months. School-leavers enter the labour market in this period, and many pupils and students are looking for holiday jobs.

"This pushed up unemployment in the youngest groups to its highest level in 2005 up to now," the CBS said.

Some 131,000 people aged 15-24 year-olds were unemployed from June to August this year. This is about the same number as 12 months previously.

In the period 2001-2004 youth unemployment rose by 40 percent. At the moment 14 percent of the young labour force is unemployed.

[Copyright Expatica News 2005]

Subject: Dutch news

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