Dutch researchers warn of declining productivity threat
1 month, 3 weeks ago

Dutch researchers warn of declining productivity threat

NL Times  

The Netherlands faces significant economic challenges as labor productivity growth continues to stagnate, according to a new report from TNO, the Dutch research and innovation organization. "The average worker will increasingly feel the strain of unfilled rosters and labor shortages," said TNO researcher Thijmen van Bree. "Employers still place too much emphasis on diplomas, which are earned at the end of a study and often don't reflect current skills," Van Bree said. "The only viable solution left is to boost labor productivity growth," Van Bree concluded.

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History of this topic

More work and tech, less low-paid labour: labour shortage summit
4 days, 22 hours ago

More work and tech, less low-paid labour: labour shortage summit

Dutch News  

The Netherlands needs to lose its addiction to sectors depending on low-paid labour and stimulate people in the rest of the economy to work more hours, according to a summit on tackling the labour shortage. “The labour shortage is becoming a fact of life,” said jobs minister Eddy van Hijum. If want to keep making things we don’t just need …

Dutch economy grow 0.9% last year, jobless rate stable at 3.7%
1 month, 1 week ago

Dutch economy grow 0.9% last year, jobless rate stable at 3.7%

Dutch News  

The Dutch economy grew by 0.4% in the final three months of last year, bringing full-year growth to 0.9%, national statistics agency CBS reported on Friday. The Dutch economy expanded more in the fourth quarter than its key trading partners and the EU as a whole, where growth averaged 0.1%. “Dutch Q4 economic growth is mainly due to foreign trade …

The Netherlands is lagging behind in labour productivity: TNO
2 months ago

The Netherlands is lagging behind in labour productivity: TNO

Dutch News  

The Netherlands is lagging behind comparable countries in terms of labour market productivity, with growth largely attributed to the economy’s reliance on cheap, flexible labour, according to researchers at TNO. To improve productivity, the researchers say there is need for greater investment in research and development, a focus on high-growth sectors, the adoption of labour-saving technology, and enhancing workforce skills. …

Amsterdam, Eindhoven: the only places where productivity is up
11 months, 3 weeks ago

Amsterdam, Eindhoven: the only places where productivity is up

Dutch News  

Greater Amsterdam and Eindhoven are the only two regions in the country where productivity is growing because of the shift to more economically productive sectors, Rabobank economists say in a new report. In all other regions, productivity growth is under pressure because of a shift towards jobs that do not generate significant economic returns, such business support services like cleaning …

Amsterdam, Eindhoven: the only places where productivity is up
11 months, 3 weeks ago

Amsterdam, Eindhoven: the only places where productivity is up

Dutch News  

Greater Amsterdam and Eindhoven are the only two regions in the country where productivity is growing because of the shift to more economically productive sectors, Rabobank economists say in a new report. In all other regions, productivity growth is under pressure because of a shift towards jobs that do not generate significant economic returns, such business support services like cleaning …

Not everyone benefiting from Dutch prosperity, DNB president says
1 year ago

Not everyone benefiting from Dutch prosperity, DNB president says

NL Times  

“We see that while the Dutch economy is doing quite well, it is not working well enough for some groups in society,” De Nederlandsche Bank president Klaas Knot said on Thursday when presenting the DNB’s annual report. Despite sluggish economic growth, the Dutch economy is still running above capacity and escaped a deep recession despite the pandemic and high inflation. …

Dutch economic growth projections slashed in revised European forecast
1 year, 6 months ago

Dutch economic growth projections slashed in revised European forecast

NL Times  

The European Commission has significantly lowered expectations for economic growth in the Netherlands this year. In its summer forecast, the executive body of the European Union now says it expects growth of just 0.5 percent for the Netherlands in 2023. Because many wages have now been significantly increased and inflation is gradually decreasing, consumption will not decline further in the …

Netherlands prevents recession with 4th quarter growth of 0.6 percent
2 years, 1 month ago

Netherlands prevents recession with 4th quarter growth of 0.6 percent

NL Times  

The Dutch economy did not end up in a recession as economists feared. After a 0.2 percent contraction in the third quarter, the economy grew by 0.6 percent in the last quarter of 2022, Statistics Netherlands reported based on initial figures on Tuesday. In the entire 2022, the Dutch economy grew by 4.5 percent, mainly thanks to consumer spending and …

More Netherlands residents switching jobs due to staff shortages
2 years, 8 months ago

More Netherlands residents switching jobs due to staff shortages

NL Times  

The number of people starting a new job increased significantly in the past year, likely pushed by staff shortages. In the first quarter of 2022, over 1.9 million workers started their job less than 12 months ago. While the number of workers with a new job increased, there were fewer people who had their current job for between one and …

Dutch economy shrank by 3.8% last year, worst result since World War II
4 years, 1 month ago

Dutch economy shrank by 3.8% last year, worst result since World War II

Dutch News  

The Dutch economy shrank by 3.8% last year, the biggest contraction since World War II, national statistics agency CBS said on Monday. However, fewer jobs have gone than could have been expected, thanks to government support measures, CBS chief economist Peter Hein van Mulligen told an online press conference. 2021 Last week, the European Commission said the Dutch economy will …

Dutch economy shrank by 3.8% last year, worst result since World War II
4 years, 1 month ago

Dutch economy shrank by 3.8% last year, worst result since World War II

Dutch News  

The Dutch economy shrank by 3.8% last year, the biggest contraction since World War II, national statistics agency CBS said on Monday. However, fewer jobs have gone than could have been expected, thanks to government support measures, CBS chief economist Peter Hein van Mulligen told an online press conference. 2021 Last week, the European Commission said the Dutch economy will …

Dutch economy to shrink by 5% this year, if no more major Covid-19 restrictions
4 years, 7 months ago

Dutch economy to shrink by 5% this year, if no more major Covid-19 restrictions

Dutch News  

The government’s macro-economic think-tank CPB says the Dutch economy will shrink by 5% in 2020, assuming there are no more large-scale new physical contact restrictions needed to combat coronavirus. Prime minister Mark Rutte said last week that the cabinet is thinking ‘very carefully’ about what a third package of measures should include and finance minister Wopke Hoekstra said that a …

Dutch economy shrinks 8.5% in Q2, as jobless total continues to rise
4 years, 7 months ago

Dutch economy shrinks 8.5% in Q2, as jobless total continues to rise

Dutch News  

The Dutch economy shrank by an ‘unprecedented’ 8.5% in the second quarter of this year, compared with the previous quarter, national statistics agency CBS said on Friday. CBS chief economist Peter Hein van Mulligen described the drop as ‘unprecented’. ‘There has been colossal damage to the economy, with a total contraction of 10% over two quarters,’ he said. In total, …

As self-employed work soars, worker productivity stalls
5 years, 3 months ago

As self-employed work soars, worker productivity stalls

NL Times  

Worker productivity was largely flat between 2008 and 2018, despite a large increase in the number of hours worked by self-employed people. Business sectors with more self-employed people generally see lower growth in productivity, according to Statistics Netherlands. That represents a sharp contrast against the 20.7 percent of productivity growth measured between 1998 and 2008, Statistics Netherlands said. The statistics …

Dutch GDP set to fall as population gets older
5 years, 4 months ago

Dutch GDP set to fall as population gets older

NL Times  

The aging population of the Netherlands will result in the average growth of the Dutch economy falling to 1.1 percent between 2022 and 2025, central planning office CPB said in an estimate on Monday. In the period 2022 to 2025, the population aged between 15 and 74 will decrease for the first time, the CPB expects. The CPB expects that …

Netherlands has EU's most competitive economy: WEF
5 years, 5 months ago

Netherlands has EU's most competitive economy: WEF

NL Times  

The Netherlands surpassed Switzerland and Germany as the most competitive economy in Europe. According to the WEF researchers, "an entrepreneurial culture, flat organizations and growth of innovative companies" have made the Dutch economy much more agile. "The WEF report states that 'the Dutch economy has become much more dynamic' and that 'our infrastructure, the functioning of the government including economic …

Dutch economy still growing, despite escalating trade war
5 years, 7 months ago

Dutch economy still growing, despite escalating trade war

NL Times  

In the second quarter of this year, the Dutch economy grew by 0.5 percent compared to the first quarter - the same growth as in the previous two quarters. Compared to the second quarter of last year, the Dutch economy grew by 1.8 percent adjusted for the number of working days, Statistics Netherlands reported on Wednesday. Economic growth was better …

Dutch jobs market growth set to continue but may slow: UWV
5 years, 9 months ago

Dutch jobs market growth set to continue but may slow: UWV

Dutch News  

The number of jobs in the Dutch economy will continue to grow in 2019 and 2020 but the increase will be slower than in previous years, the government jobs agency UWV said in its latest forecasts on Tuesday. The two year forecast of 309,000 extra jobs will take the total number of positions in the Dutch economy to 10.8 million, …

Dutch jobs market growth set to continue but may slow: UWV
5 years, 9 months ago

Dutch jobs market growth set to continue but may slow: UWV

Dutch News  

The number of jobs in the Dutch economy will continue to grow in 2019 and 2020 but the increase will be slower than in previous years, the government jobs agency UWV said in its latest forecasts on Tuesday. The two year forecast of 309,000 extra jobs will take the total number of positions in the Dutch economy to 10.8 million, …

Netherlands GDP grew 2.7% in 2018; lower than 2017
5 years, 11 months ago

Netherlands GDP grew 2.7% in 2018; lower than 2017

NL Times  

The Dutch economy, measured by gross domestic product, grew by 2.7 percent last year. That is somewhat less growth than in 2017, when the highest economic growth since the financial crisis was achieved, Statistics Netherlands reported on Monday. In the fourth quarter last year there were 80 vacancies per 100 unemployed - breaking the record of 79 vacancies per 100 …

Dutch unemployment rate continues to fall, hits pre-crisis low
6 years, 3 months ago

Dutch unemployment rate continues to fall, hits pre-crisis low

Dutch News  

The Dutch unemployment rate continues to fall and has now hit 3.5%, just below the figure before the start of the economic crisis in 2008, national statistics office CBS said on Thursday. ‘And there is hope for everyone who is looking for work, because employers are keen to bring in extra pairs of hands.’ The labour market participation rate has …

Dutch unemployment rate continues to fall, hits pre-crisis low
6 years, 3 months ago

Dutch unemployment rate continues to fall, hits pre-crisis low

Dutch News  

The Dutch unemployment rate continues to fall and has now hit 3.5%, just below the figure before the start of the economic crisis in 2008, national statistics office CBS said on Thursday. ‘And there is hope for everyone who is looking for work, because employers are keen to bring in extra pairs of hands.’ The labour market participation rate has …

Dutch economy still growing strong
6 years, 7 months ago

Dutch economy still growing strong

NL Times  

The Dutch economy continues to grow strongly and economic growth is even accelerating, according to Statistics Netherlands. In the second quarter the Dutch economy grew by 0.7 percent compared to the first quarter of this year. Compared to the second quarter of last year, the Netherlands' gross domestic product grew by 2.9 percent, mainly due to Dutch companies' expenditure and …

Dutch economy still growing, disposable income lagging behind
6 years, 10 months ago

Dutch economy still growing, disposable income lagging behind

NL Times  

The Dutch economy grew by 3.2 percent last year, and more people in the Netherlands had work than ever before. Despite this, the growth in net disposable income is still lagging behind, Statistics Netherlands reported on Tuesday. In 2017 net real disposable income - the amount Dutch have left to spend after all premiums and taxes were deducted, corrected for …

Dutch economy to keep growing; unemployment lowest since 2001
7 years ago

Dutch economy to keep growing; unemployment lowest since 2001

NL Times  

The Dutch economy will continue to grow strongly this year and next year, according to expectations announced by the Netherlands office for economic policy analysis CPB on Tuesday. The CPB expects the Dutch economy to grow by 3.2 percent this year, 0.1 percent more than the office's previous expectation. Unemployment in the Netherlands will fall from 4.9 percent in 2017 …

Competition for qualified staff heats up with strongest labor figures since crisis
7 years, 1 month ago

Competition for qualified staff heats up with strongest labor figures since crisis

NL Times  

In the fourth quarter of 2017 the number of jobs in the Netherlands increased by 57 thousand, the number of vacancies rose by 14 thousand and the number of unemployed people in the country decreased by 29 thousand. These are the strongest labor figures the Netherlands has seen since the financial crisis, Statistics Netherlands reported on Wednesday based on the …

Lazy or efficient? Dutch work the least of all Europeans, says CBS
7 years, 6 months ago

Lazy or efficient? Dutch work the least of all Europeans, says CBS

Dutch News  

While a high proportion of the Dutch have a job, the number of hours they work is one of the lowest totals in Europe, the national statistics office CBS said on Wednesday. But the total number of hours they work is very low compared with the rest of Europe, says chief economist Peter Hein van Mulligen. ‘But these new figures …

Lazy or efficient? Dutch work the least of all Europeans, says CBS
7 years, 6 months ago

Lazy or efficient? Dutch work the least of all Europeans, says CBS

Dutch News  

While a high proportion of the Dutch have a job, the number of hours they work is one of the lowest totals in Europe, the national statistics office CBS said on Wednesday. But the total number of hours they work is very low compared with the rest of Europe, says chief economist Peter Hein van Mulligen. ‘But these new figures …

Brussels urges the Dutch to tackle rise in self-employed
7 years, 10 months ago

Brussels urges the Dutch to tackle rise in self-employed

Dutch News  

The Dutch government needs to tackle the surge in people working as freelancers, the European Commission said on Monday in its latest recommendations for the Netherlands. This should be done by reducing ‘tax distortions’ favouring self employment, without compromising entrepreneurship, and by promoting access of the self-employed to affordable insurance against unemployment and disability, the Commission said. In total, almost …

Brussels urges the Dutch to tackle rise in self-employed
7 years, 10 months ago

Brussels urges the Dutch to tackle rise in self-employed

Dutch News  

The Dutch government needs to tackle the surge in people working as freelancers, the European Commission said on Monday in its latest recommendations for the Netherlands. This should be done by reducing ‘tax distortions’ favouring self employment, without compromising entrepreneurship, and by promoting access of the self-employed to affordable insurance against unemployment and disability, the Commission said. In total, almost …

Dutch economy continues steady growth
8 years, 7 months ago

Dutch economy continues steady growth

NL Times  

In the second quarter of this year the Dutch economy grew by 0.6 percent compared to the previous quarter, continuing its steady growth for nine quarters in a row, Statistics Netherlands announced on Friday in its first calculations. Compared to the second quarter of 2015, the Dutch economy grew by 2.3 percent. The second quarter of this year had two …

Dutch economy to grow 1.8 percent this year
8 years, 9 months ago

Dutch economy to grow 1.8 percent this year

NL Times  

The Central Planning Bureau expects that the Dutch economy will grow by 1.8 percent this year, according to an estimate released on Friday. According to the CPB, the Dutch government's chief economic advisory body, the Netherlands' gross domestic product will grow by 2.1 percent in 2017, 0.1 percent more than the previous estimation. The number of unemployed people in the …

Netherlands economy stabilizing says stats office
8 years, 11 months ago

Netherlands economy stabilizing says stats office

NL Times  

The Netherlands' economic situation is stabilizing and there were hardly any changes between March and April, according to Statistics Netherlands. The volume of goods exports was 3 percent higher in February than in the same month last year. And consumer spending was up 0.3 percent in January, compared to the same month last year, though this is the lowest increase …

Dutch economy expected to grow annually by 1.8 percent to 2021
8 years, 11 months ago

Dutch economy expected to grow annually by 1.8 percent to 2021

NL Times  

The Dutch economy will grow an average of 1.8 percent per year in the period 2018 to 2021, according to the medium-term expectations of the Central Planning Bureau. Despite the economic growth, the CPB warns that Dutch households' purchasing power will not increase, NU.nl reports. Though employees will see a slight increase in purchasing power due to contractual wage increases …

Netherlands economic growth prospects become less optimistic
9 years ago

Netherlands economic growth prospects become less optimistic

NL Times  

The Central Planning bureau sees the Dutch economy growing by 1.8 percent this year, according to its central economic plan. In its first estimate for next year, the CPB expects that the gross domestic product will grow with 2 percent in 2017. The low inflation is causing an increase in purchasing power, as well as the 5 billion euros in …

Netherlands workers putting in more hours for less money
9 years, 2 months ago

Netherlands workers putting in more hours for less money

NL Times  

After the outbreak of the credit crisis in 2008, workers in the Netherlands are working longer hours for lower compensation, according to Statistics Netherlands on Wednesday. Between 2002 and 2008 labor productivity of the overall economy, excluding public administration and education, grew by an average of 1.6 per year. After 2009 labor productivity increased by an average of 0.8 percent …

Netherlands economy ticks up, more jobs open up
9 years, 4 months ago

Netherlands economy ticks up, more jobs open up

NL Times  

The Dutch economy saw a very slight improvement in the third quarter, growing by 0.1 percent compared to the second quarter. Compared to the third quarter of 2014, the economy crew by 1.9 percent. The number of jobs and vacancies also picked up in the third quarter 2015. Entrepreneurs confidence was slightly lower at the start of the fourth quarter …

Stats office: All signs point to growing Dutch economy
9 years, 5 months ago

Stats office: All signs point to growing Dutch economy

NL Times  

A wide range of economic indicators suggest that the Dutch economy is doing better than long-term forecasting predicted, according to Statistics Netherlands. Entrepreneurial confidence in the industry showed a fractional increase in September while consumer confidence remained relatively unchanged for the past four months, proving that both producer and consumer confidence is above the long term average. Investments grew significantly …

Dutch economy growing faster than estimated
10 years, 6 months ago

Dutch economy growing faster than estimated

NL Times  

Second estimates of the economic growth in The Netherlands from the Central Bureau of Statistics reveals that the economy is growing faster than thought, with 0.7 percent growth in the second quarter over the first. On the 14th of August, the second quarter growth was estimated at 0.5 percent. Compared to 2013, the economy grew with 1.1 percent in the …

No signs of jobs market recovery: report
11 years, 3 months ago

No signs of jobs market recovery: report

Dutch News  

The Netherlands may be just out of recession but the jobs market prospects remain gloomy, according to a report by Maastricht University researchers. The report by the Research Centre for Education and the Labour Market, shows the number of jobs in the Netherlands will have declined by 14,000 by 2018. School leavers and university graduates will find it hard to …

No signs of jobs market recovery: report
11 years, 3 months ago

No signs of jobs market recovery: report

Dutch News  

The Netherlands may be just out of recession but the jobs market prospects remain gloomy, according to a report by Maastricht University researchers. The report by the Research Centre for Education and the Labour Market, shows the number of jobs in the Netherlands will have declined by 14,000 by 2018. School leavers and university graduates will find it hard to …

Its official: the Netherlands has been in recession for a full year
11 years, 7 months ago

Its official: the Netherlands has been in recession for a full year

Dutch News  

Government hopes of an improvement in the Dutch economy were dashed on Wednesday when new figures showed unemployment continues to rise, consumer spending is down and the recession will continue to the end of the year at least. The Dutch economy contracted a further 0.2% in the second quarter of 2013, meaning the Netherlands has now been in recession for …

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