Labour Costs in Netherlands decreased to 126.40 points in the third quarter of 2024 from 142.50 points in the second quarter of 2024. Labour Costs in Netherlands averaged 91.83 points from 1987 until 2024, reaching an all time high of 142.50 points in the second quarter of 2024 and a record low of 66.60 points in the first quarter of 1989. source: European Central Bank

Labour Costs in Netherlands is expected to be 137.12 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Netherlands Labour Costs is projected to trend around 135.27 points in 2026 and 139.87 points in 2027, according to our econometric models.




Related Last Previous Unit Reference
Employed Persons 9793.00 9771.00 Thousand Nov 2024
Employment Change 0.10 0.10 percent Sep 2024
Employment Rate 82.40 82.50 percent Sep 2024
Full Time Employment 5347.50 5311.50 Thousand Sep 2024
Job Vacancies 396.40 418.90 Thousand Sep 2024
Labor Force Participation Rate 75.80 75.60 percent Nov 2024
Labour Costs 126.40 142.50 points Sep 2024
Long Term Unemployment Rate 0.50 0.50 percent Sep 2024
Minimum Wages 2446.44 2389.44 EUR/Month Jan 2025
Part Time Employment 3951.30 4000.00 Thousand Sep 2024
Population 17.94 17.81 Million Dec 2024
Productivity 102.32 101.29 points Sep 2024
Retirement Age Men 67.00 66.83 Years Dec 2024
Retirement Age Women 67.00 66.83 Years Dec 2024
Unemployed Persons 372.00 376.00 Thousand Nov 2024
Unemployment Rate 3.70 3.70 percent Nov 2024
Wage Growth 6.30 6.50 percent Dec 2024
Wages 3458.33 3250.00 EUR/Month Dec 2023
Wages in Manufacturing 119.50 119.40 points Dec 2024
Youth Unemployment Rate 8.70 8.90 percent Nov 2024

Netherlands Labour Costs
Actual Previous Highest Lowest Dates Unit Frequency
126.40 142.50 142.50 66.60 1987 - 2024 points Quarterly
2015=100, NSA