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Holland: Unemployment at lowest point in years

30 May 2007, 00:00

VOORBURG – There were about 357,000 unemployed persons in the Netherlands in the February to April period. That is 17,000 less than in the January to March period this year.

VOORBURG – There were about 357,000 unemployed persons in the Netherlands in the February to April period. That is 17,000 less than in the January to March period this year.

All age groups saw a decline in unemployment, according to figures published on Tuesday by Statistics Netherlands (CBS).

The figures have been corrected for seasonal fluctuations. Unemployment has not been this low since the February to April period in 2003, CBS says.

The unemployment rate for this past period was 5 percent. A year earlier this figure was 6 percent.

The greatest decline in the number of unemployed was in the 25 to 44 age bracket. In a year's time unemployment in this group has fallen by 55,000 to a total of 161,000 people, bringing the unemployment rate in this age group to 4.1 percent.

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