3 ms·
Netherlands hasn't had increased unemployment due to COVID?
by MoBattah_ 6y ago
Netherlands hasn't had increased unemployment due to COVID?
- com 6y agoNot yet. A combination of work-from-home, a fairly limited lockdown and a variety of state and city schemes for income support for entrepreneurs, small business and a furlough program seem to have limited the impact for now. We’ll see in 5-6 months I guess.
- apexalpha 6y agoNo we don't have a full lockdown. Many work from home, some in A/B teams and if your business had to close (cafés, restaurants without delivery, pilot) you still get paid except your company can get it reimbursed via the government. So basically our economy kinda just runs on, even though a lot less is happening. Restaurants have switched to delivery if they can. Most people I know actually have more money now, since you can't really go out and spend it. And May is usually the month where Dutch people get their 13th month (bonus).
- tdons 6y agoOur economy is in the toilet. Large parts of it at least (that aren't very visible). We'll see the wave of defaults and bankruptcies in a couple of months.
- gargs 6y agoThe statistics seem to say otherwise - https://www.cbs.nl/en-gb/news/2020/16/fewer-employed-in-march https://www.cbs.nl/en-gb/news/2020/16/fewer-employed-in-marc...
- rdschouw 6y agoThat report says there was a drop of 0.2% in labor participation in March. That's not a lot.