Unemployment continues to fall

Summary

The latest data shows an overall decrease in joblessness of 5.8% in a year, across all age groups and levels of education

‘We need every talent’

Unemployment in Flanders fell again in May, by 5.8% on the same period last year. The number of people looking for work in the region has now fallen every month since August 2015.

At the end of May, 174,036 people were registered as jobseekers at the Flemish employment agency VDAB, or 5.7% of the population, down from 184,800 at the same point last year. The latest decrease applies to all age groups and all levels of education, and both short- and long-term unemployed people.

“Unemployment in Flanders has now fallen every month for three years and 10 months,” said Flanders’ employment minister, Philippe Muyters. “That is no coincidence, but the result of a sustained policy in which we are focusing on customisation, competences and work experience. The shortage facing our labour market is considerable, and we really need every talent."

In the 50-54 age group, unemployment has fallen by 10% over the past 12 months. Among 55- to 59-year-olds, the figure was 15.3%. Globally unemployment among over-50s fell by 3%, but among those over 60, there was an increase of nearly 24%. Youth unemployment in the region fell by 5.2%.

Short-term unemployment – being jobless for less than one year – fell by 3.8%. Joblessness of between one and two years fell by 11.6%, while long-term unemployment – more than two years – fell by 5.8%.

Photo: Getty Images