Slight rise in Dutch unemployment

16th December 2004, Comments 0 comments

16 December 2004, AMSTERDAM — Unemployment in the Netherlands rose slightly in the past two months, the Central Bureau of Statistics (CBS) said on Thursday.

16 December 2004

AMSTERDAM — Unemployment in the Netherlands rose slightly in the past two months, the Central Bureau of Statistics (CBS) said on Thursday.

The CBS said there were an average 470,000 people out of work in the Netherlands in the period September to November 2004.

Unemployment is always lower at this time of year because of seasonal factors. Excluding these effects, the number of jobless workers comes to 480,000 for the period, 4,000 more than for August-October this year.

In the past three months, 6.2 percent of the Dutch labour force was unemployed compared with 5.5 percent during the same period in 2003.

In the period September to November 2004, unemployment was 58,000 higher than in the same period in 2003.

"In the first quarter this increase was still as large as 128,000, in the second quarter it was 90,000 and in the third quarter 58,000. The year-on-year increase has thus more than halved compared with the beginning of 2004," the CBS said.

The CBS highlighted youth employment as an area for concern. "The increase in unemployment is largest among young people. More than half of the year-on-year increase in unemployment was in the age category 15-24 years."

An average 118,000 young people in the Netherlands were unemployed in the period September-November 2004. This is 30,000 more than in the same period in 2003.

[Copyright Expatica News 2004]

Subject: Dutch news

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