Unemployment in Flanders down by 5 p.c – Muricas News

Unemployment in Flanders fell by 5 p.c in a single yr in August to 188,784 unemployed folks. The unemployment charge thus quantities to five.9 p.c, stories the employment middleman VDAB.

In comparison with the earlier month, unemployment in Flanders did enhance, by about 3,800 folks. In August, 23,090 residents got here in as unemployed unemployed, whereas solely 19,258 unemployed folks got here out of the figures. Eighty p.c of the outflow considerations individuals who discovered work.

“This enhance could also be partly defined by the variety of greater training graduates who're nonetheless on the lookout for work or who begin taking care of the summer season holidays. We can't draw main conclusions from this slight enhance, the scarcity on our Flemish labor market continues to be very dire,” provides Flemish Minister of Work Jo Brouns (CD&V).

The job seeker charge is 5.9 p.c. In August 2021 this was nonetheless 6.3 p.c. It considerations the ratio of the variety of unemployed job seekers in Flanders in comparison with the Flemish working inhabitants.

Unemployment amongst younger folks (aged 25) fell by 8.8 p.c in comparison with a yr earlier to 30,642 folks. Among the many over-60s, there's a 6 p.c lower to 22,625.

Lengthy-term unemployment fell by 5.5 p.c: 66,170 job seekers have been out of labor for 2 years or extra. The variety of unemployed job seekers decreased most year-on-year within the class of people that have been unemployed for 1 to 2 years (-22.3 p.c). The quantity of people that have been unemployed for lower than one yr did enhance: +2.8 p.c to 92,914 folks.

Lastly, 40,009 job seekers have little information of Dutch, a rise of slightly below 12 p.c.