The unemployment rate in the Netherlands held steady for the third consecutive month in November, according to data released by the Central Bureau of Statistics on Thursday. The seasonally adjusted International Labour Organization (ILO) unemployment rate continued to register at 3.7 percent in November, a figure unchanged from the preceding three months.
In comparison, the jobless rate was 3.5 percent during the same month in the previous year. The number of unemployed individuals totaled 372,000 in November, a slight decrease from 376,000 recorded in the prior month. Notably, the youth unemployment rate, which pertains to individuals aged 15 to 25, experienced a decline to 8.7 percent in November, down from 8.9 percent in October.
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In comparison, the jobless rate was 3.5 percent during the same month in the previous year. The number of unemployed individuals totaled 372,000 in November, a slight decrease from 376,000 recorded in the prior month. Notably, the youth unemployment rate, which pertains to individuals aged 15 to 25, experienced a decline to 8.7 percent in November, down from 8.9 percent in October.
The material has been provided by InstaForex Company - www.instaforex.com