Job Market Monitor
Netherlands
Netherlands / Unemployment tops 8%
The official Dutch unemployment figure reached a new high of 8.1% in March, according to the latest figures from the national statistics office CBS. In total, 643,000 people are without a job, an average increase of 24,000 a month since the start of the year. The sharpest rise was among people aged 25 to 45, … Continue reading
Netherlands / Gloomy Figures: Unemployment rate reaches 7.5%
A string of gloomy figures from the national statistics office CBS on Thursday show the Dutch economy is still in crisis. The jobless rate in January hit 7.5%, the CBS said, a rise of 0.3 percentage point on December. Over the past three months, an average of 19,000 people have joined the ranks of the … Continue reading
Europe recession deepens: very bad news for everybody
The eurozone suffered its third consecutive quarter of decline at the end of 2012 as exports from leading economies Germany and France sank, deepening a regional recession that has driven unemployment to record highs. Gross domestic product in the 17-nation euro area fell by 0.6% in the fourth quarter, leaving the eurozone economy 0.5% smaller … Continue reading
Netherlands / New redundancy rules will hit older staff
Plans to reduce golden handshakes and make it easier for companies to sack staff will hit older workers particularly hard, according to the Dutch personnel officers’ organisation NVP. The organisation says it is raising the alarm because it wants to ensure a ‘reasonable’ approach to redundancy. ‘We work for employers but we also see the … Continue reading
Netherlands seeking skilled youths in high-tech jobs
bustling high-tech region in the south of the Netherlands is doing all it can to attract Europe’s smartest youngsters. In these tough economic times, Eindhoven is turning out to be an eldorado for skilled young people looking for work. Many companies are looking for young workers with specific technical skills. That’s the case of high-tech … Continue reading
United States and the major European economies – Bouncing Back from the Great Recession
When the economic shocks that cause recessions in different economies have large common components, there may be lessons to be learned by studying how different economies respond write Thomas F. Cooley, B. Ravikumar, and Peter Rupert in Bouncing Back from the Great Recession: The United States Versus Europe in Federal Reserve Bank of St. Louis Economic Synopses (Adapted … Continue reading
Royal Philips Electronics to cut 2,200 additional jobs
Royal Philips Electronics said today that it cut 2,200 additional jobs to target an extra €300m in savings from the world’s largest lighting company as economic conditions deteriorate. Philips had already targeted 4,500 job losses. Headquartered in the Netherlands, Philips employs over 122,000 employees with sales and services in more than 100 countries worldwide. With sales … Continue reading
Netherlands – Sharp rise in ethnic minority youth unemployment
The unemployment rate among youngsters with an ethnic minority background rose between 22% and 29% over the first three months of this year, compared with 10% for the native Dutch, according to new research by the Forum institute. Of youths with a Moroccan background, up to 39% may now be without a job, Forum, which … Continue reading
Euro area unemployment hits record high
Europe’s Unemployment statistics – March 2012 – Euro area unemployment rate at 10.9%, EU27 at 10.2% The euro area (EA17) seasonally-adjusted unemployment rate was 10.9% in March 2012, compared with 10.8% in February. It was 9.9% in March 2011. The EU27 unemployment rate was 10.2% in March 2012, stable compared with February. It was 9.4% in March 2011. Eurostat estimates that 24.772 million men … Continue reading
Anti-austerity waving in Europe
From the anti-austerity firebrands of Greece’s imminent elections to the corruption crusaders in Prague, from the Pirates of Berlin to the populists who scored well in France’s presidential election, a new wave of anti-establishment parties are on the rise across Europe, posing a threat to the political elite. Their causes vary – some are from … Continue reading
Netherlands | Long-term unemployement increases dramatically among lower educated
During the past two years, the number of people who were unemployed in the Netherlands for twelve months or more has risen noticeably: from 91 thousand in 2009 to 139 thousand in 2011. Long-term unemployment is much more frequently found in the age category 25-45 and among lower educated. Young people are often unemployed only … Continue reading
The Netherlands enters recession | Dutch News
The decline in economic activity has taken its toll on the job market in the Netherlands. There were 10.000 fewer jobs available at the end of December than there were in the third quarter of 2011, with commercial jobs in trade and business declining considerably. Manufacturing jobs also declined by 2.000 from the third quarter. … Continue reading
LinkedIn | Most overused profile words | Most Important Part of Your Profile | Mistakes Killing Credibility
Most overused LinkedIn profile words of 2011: creative, organizational, effective – PC Advisor If you were really as “creative” as your resume claims, you’d use different terminology to showcase your skills, according to LinkedIn’s 2011 list of most overused words and phrases. The online professional network, whose membership has ballooned from 85 million a year … Continue reading
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