Boost for Dutch ruling coalition as unemployment falls

THE HAGUE, Netherlands — The number of people registered as unemployed in the Netherlands fell by more than 100,000 last year, the biggest drop in a decade, the government statistician announced Thursday.

The announcement by the Central Bureau for Statistics is a boost for the country's two ruling parties just under two months away from national elections.

Unemployment in this nation of 17 million fell to 482,000 at the end of 2016, down from 588,000 a year earlier.

Prime Minister Mark Rutte will campaign strongly on his coalition's management of the economy, arguing that his tough austerity measures helped the country emerge leaner and stronger from the global economic crisis.

"It is great to see that so many people went back to work in the last year," Social Affairs Minister Lodewijk Asscher, of the junior coalition partner Labor Party, said in a statement.

Rutte's Liberal Party is narrowly trailing populist firebrand Geert Wilders' Party for Freedom in Dutch polls, while Asscher's Labor Party is lagging well behind the leaders.

The election for the lower house of the Dutch parliament is scheduled for March 15.

Deaths of Canadian billionaire, wife a...

Jan 22, 2018

The deaths of one of Canada's wealthiest men and his wife remain a tantalizing mystery

US says NAFTA talks are progressing very slowly

Jan 29, 2018

U.S. Trade Rep. Robert Lighthizer says talks to rewrite the North American Free Trade Agreement are...

Indigenous, environmental leaders protest Canada...

Mar 10, 2018

Indigenous people and environmental activists are converging in Vancouver Saturday to protest a...

Canada proposes tightening controls on gun sales

Mar 20, 2018

Gun retailers in Canada would be required to keep records of firearms inventory and sales for at...

Lego appoints new CEO to replace interim boss

Aug 10, 2017

Danish toy company Lego says it has appointed Niels B. Christiansen, who headed thermostat-maker...

Financial Markets

Market Sanctum is one of the world’s leading news sources for the currency trading community. Our analysts report on the latest changes in the current market, providing in-depth analysis.

Contact us: sales[at]marketsanctum.com