Employment rate in Holland hits the record in 2017

According to data provided by Statistics Netherlands (CBS) the second quarter of 2017 saw yet another increase in the number of jobs, the biggest increase on a yearly basis since 2008.

Jobs_Netherlands

Number of employees in Holland

For the last three years the number of filled positions has been increasing. The number of people working in the Netherlands, including freelancers, full-timers and part-timers came to an average of 10,2 million.

The increase in jobs in the second quarter mainly applies to those in employment, as this number rose by 50.000 to a total of over eight million. Freelance jobs also experienced an increase of 1.000, giving a new total of over two million.

Up until now 2007-2008 saw the largest rise in jobs, with 335.000 being created. This year seems to be following a similar trend, as 51.000 jobs were created in the second quarter, and the last three quarters also saw increases of more than 50.000. The 2017 yearly rate of increase is set at 199.000.

Unemployment in decline

According to the definition of ‘unemployment’ by the International Labour Organization (ILO), the number of unemployed people has decreased. In the second quarter of this year, the number of unemployed people totalled 452.000, only five percent of the working population, and 19.000 less than the previous quarter.

Construction industry and recruiting experienced most growrth

Almost all sectors observed growth in the second quarter of 2017. The construction industry experienced the most growth, namely 8.000 jobs, since 2007. The trade, transport and hospitality industry also saw a job increase of 12.000.

However, the strongest growth was noted by recruitment agencies, accounting for 20.000 plus jobs in the Netherlands in the previous quarter.

Whilst most sectors witnessed an increase in jobs, two, financial services and agriculture and fisheries, saw a decrease. Both suffered a loss of 2.000.