The Netherlands was one of the European countries with almost no unemployment (maximum percentage, until 2011: 5%), attracting people all over the world, who wanted to find a better job, make their dreams come true and so on. But, now the situation seems to be different.
The sudden and sharp increase in Dutch unemployment
Suddenly, in the mid-August 2012 the unemployment rates started rising, reaching to 7.2% in December 2012 and 7.5% in January 2013. Finally, the official Dutch unemployment exceeded forecasts to reach 8.1% in March of 2013, according to the latest figures from the national statistics office CBS.
643,000 people are now without a job. Unemployment increased across all age groups, but the sharpest rise was among the young people between 25 and 45 years old. The number of people claiming unemployment benefit rose by 0.8 percent in March 2013. The increase was above average among the over-45s, while the number of people younger than 25 years claiming unemployment benefit fell slightly.
The bad news is that the unemployment is expected to continue rising in 2014!