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Netherlands Unemployment Hits 4.0% in September, Highest in Four Years

Higher inflows into unemployment plus a rise in WW recipients suggest the long stretch of labour‑market tightness is fading.

Overview

  • CBS reports 409,000 people unemployed in September, with the total rising by an average of about 8,000 per month over the past quarter.
  • Monthly inflow into joblessness increased to 260,000 in September from 248,000 in August, while 236,000 exited unemployment over the same period.
  • The increase is concentrated among workers aged 25 and over, as youth unemployment edged down compared with a year earlier.
  • UWV counted 187,400 WW benefit recipients at the end of September, up 8.8% year on year, with the largest sectoral rises in government (+24.2%) and other industry (+21.8%).
  • UWV notes renewed notifications of intended collective dismissals and expects the multi‑quarter run of more vacancies than unemployed to be interrupted, though regional conditions vary, with sharp municipal differences reported.