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Decline in Job Vacancies and Unemployment in the Netherlands: CBS Report

ANP

NOS Nieuws•vandaag, 00:01

On average, companies don’t have to try as hard to find new staff. In July, August and September, there were 12,000 fewer vacancies in the Netherlands than in the three months before, according to new figures from Statistics Netherlands (CBS). This is the fifth consecutive quarter that the number of vacancies has fallen, and with it the tightness on the labor market.

In the third quarter of this year there were 114 vacancies for every hundred unemployed. In the previous period this was still 122 vacancies for a hundred unemployed people. The number of vacancies fell the most in trade, catering and industry. Only in the public administration and agriculture sectors did the number of vacancies grow slightly.

Temporary contracts

Statistics Netherlands previously reported that unemployment in the Netherlands increased for the fifth month in a row during the same period. Young people in particular lost their jobs in the months of July, August and September.

This may be related to the declining number of workers with a flexible contract. That was 29,000 fewer in the third quarter than the previous quarter. The number of people with a permanent contract increased by 32,000, to 5.4 million.

Statistics Netherlands sees that many temporary contracts were not extended in the third quarter. Young people aged 15 to 25 in particular did not receive an extension of their temporary employment contract. In the Netherlands, almost 76 percent of young people work with such a temporary contract. Across the European Union as a whole, this is on average only 35 percent of young people.

Recession

The Netherlands has been in a recession since this summer. In the second quarter of this year, the economy shrank by 0.2 percent compared to the previous quarter. Later today, CBS will release figures on economic growth (or contraction) in the third quarter.

2023-11-13 23:01:02
#vacancies #fight #personnel #calmed

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