While many were left concerned about the impact of the coronavirus pandemic on the Dutch economy and labour market, figures from CBS confirm that the financial aid from the Dutch government not only prevented thousands of redundancies, but has actually led to another crisis altogether.
Unemployment has been falling and the number of vacancies has been steadily rising since mid-2020, but peaked this year between April and June, when there were 106 job vacancies for every 100 unemployed people. In this period, there were 327.000 jobs available - the highest number ever recorded in the Netherlands. At the end of the second quarter, there were 39 vacancies for every 1.000 jobs in the Dutch labour market - the highest figure ever recorded by CBS.
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Dutch employment crisis: More job vacancies than unemployed
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