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Unemployment remains at 4%, 408,000 out of work

Over 408,000 people were out of work in September, national statistics office CBS said on Thursday. The number of jobless...

Unemployment remains at 4%, 408,000 out of work

In September, over 408,000 individuals were unemployed, according to the Dutch national statistics office CBS. This figure marked a slight increase, with an average rise of 5,000 jobless people each month over the past three months. However, the number of people with paid work remained unchanged. Unemployment rates returned to 4% in July after a brief dip in June.

A year ago, the unemployment rate was the same at 4%, with 409,000 people out of work. The recent increase in unemployed numbers is primarily due to fewer unemployed individuals finding employment rather than a surge in job losses. The Benefits Agency UWV was still disbursing 197,100 unemployment benefits at the end of September. It's important to note that the UWV figures do not directly align with the CBS total, which counts all individuals without paid work who are actively seeking employment.

Furthermore, 3.2 million people aged between 15 and 75 are not considered part of the workforce because they have not recently looked for work or are unable to start work immediately. Most of these individuals are retired or unable to work due to illness or disability. Our organization, Dutch News, is able to provide this service free of charge to you, our readers, thanks to your generous support.

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Written by urgent.news from DutchNews's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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