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Unemployment rose faster than ever before

Since the figures are updated in 2003, the number of people in paid work in our country has not decreased so quickly. Unemployment also increased unprecedented last month.

This is evident from figures from the Central Bureau of Statistics. Last month, the number of people in employment fell by 160,000 to 8.9 million. The number of unemployed was 314,000, which increased the unemployment rate from 2.9 to 3.4 percent. It has never been so fast.

Unemployment among young people

Peter Hein van Mulligen, chief economist at Statistics Netherlands, calls it that WNL a “catastrophe.” Especially the young people up to 25 are hit hard. These are, for example, school-leavers who cannot find work or have no opportunity to apply at all, due to the lack of vacancies, says Van Mulligen.

Unemployment benefits

The number of unemployment benefits also increased. According to the UWV, 74,000 new benefits were added in April, compared to 38,000 in March. The total number of unemployment benefits comes to 292,000, an increase of 17 percent. The benefits agency has not seen such a big increase from one month to the next during the previous crisis.

Unemployment benefits are increasing in all sectors and among all age groups. The biggest blows are in the cleaning sector (91 percent), temporary employment agencies (87 percent), retail (69 percent), culture (67 percent) and the catering and catering sector (6 percent). The transport and logistics (plus 9 percent), other industry (11 percent) and government (12 percent) sectors had the smallest increase in new unemployment benefits in April.

Consumer confidence

According to Statistics Netherlands, the economic consequences are also putting increasing pressure on consumer confidence. We are very gloomy about the economic cautions. We would rather wait to make large purchases now.

Consumer confidence has fallen
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