A new record has been reached on the Dutch labour market: there are on average 93 vacancies per 100 unemployed people. This has increased the tension on the labour market to a new peak. Remarkable, according to Sandra Phlippen, Assistant Professor at Erasmus School of Economics and Head for the Netherlands at ABN Amro's Group Economics.
‘The fact that there are almost as many vacancies as there are unemployed is a rare situation. Furthermore, it is remarkable that economic growth is clearly slowing down, while employment is continuing to grow. This is a puzzle for economists,' says Phlippen.
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Read the full article on NOS.nl, 18 August 2019.