In some countries, unemployment rates reached a really high percentage causing concern to governments. In Belgium, unemployed persons are individuals who are without a job and actively seeking to work. Inflation should work out at only 0.4 % in 2020, primarily because of the fall in energy prices. Confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more. Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data. This page provides forecast and historical data, charts, statistics, news and updates for Belgium Unemployment. They were placed on your computer when you launched this website. Unemployment for Belgium from National Bank of Belgium - Belgostat (BNB) for the Monthly Labor Statistics release. Data for Q3 shows that industrial production deteriorated at a reduced rate in July–August relative to Q2. In this case, the employer no longer needs to pay the wages of the employees and the National Employment Office will pay unemployment benefits of around 70% to the employees. Our website uses cookies to improve your online experience. The number of people on temporary unemployment has doubled in less than a week as a consequence of the Belgian government’s far-reaching measures in order to curb the new coronavirus (Covid-19) pandemic. ... An extension is granted for the deadline to pay social security contributions for the first and second quarter of 2020 until 15 December 2020. Unemployment Rate in Belgium decreased to 6.10 percent in November from 6.30 percent in October of 2020. 1980-2020 Data | 2021-2023 Forecast | Historical | Chart. [ILO, http://www.ilo.org/public/english/bureau/stat/res/index.htm]. Belgium unemployment rate was at level of 6.1 % in 2020, up from 5.4 % previous year. Unemployment refers to the share of the labor force that is without work but … Unemployment rate can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. In 2020, the unemployment rate in Belgium was at approximately 5.69 percent. This kind of collaboration between employers and workers has resulted in a dynamic, flexible and protected workforce (Belgian workers enjoy excellent protection from unemployment and illness). The OECD harmonized unemployment rate gives the number of unemployed persons as a percentage of the labor force (the total number of people employed plus unemployed). On the other hand, it increased, by 641 units, in Brussels (20,847). The Trading Economics Application Programming Interface (API) provides direct access to our data. 09/11/2020 COVID-19: temporary unemployment for employees in Belgium. [OECD Main Economic Indicators, OECD, monthly] As defined by the International Labour Organization, "unemployed workers" are those who are currently not working but are willing and able to work for pay, currently available to work, and have actively searched for work. Although some regions were harder hit than others, the common denominator was a rapid spike in unemployment. ** The 2020 and 2021 foreceasts from the NBB are consistent with the estimates from December 2020 in the Economic Revue (next update - Economic Revue June 2021). CSV XML EXCEL. Data published Quarterly by Eurostat. Quick data summaries and visualizations on trending industry, political, and socioeconomic topics from Knoema’s database. Search and explore the world’s largest statistical database to find data. Unemployment Rate in Belgium averaged 8.15 percent from 1983 until 2020, reaching an all time high of 11 percent in October of 1983 and a record low of 4.90 percent … Only sectors and companies recognized as particularly affected can apply for temporary corona unemployment until December 31, 2020. Belgium. The unemployment rate, which was at an all-time low just a year ago, is projected to rise to more than 7 %. Unemployment stood at 7.3%, however the unemployment rate is lower in Flanders than Wallonia, 4.4% compared to 9.4%, because of industrial differences between the regions. Unemployment among people above the age of 50 was down by 1,824 units in Flanders, where it directly affected 52,083 persons, and by 1,192 units in Wallonia (44,585). Belgium’s economic freedom score is 68.9, making its economy the 48th freest in the 2020 Index. Belgium Economic Outlook. October 27, 2020. Belgium unemployment rate was at level of 6.1 % in 2020, up from 5.4 % previous year. Read more Belgium: Youth unemployment rate from 1999 to 2020 The economy should have recovered somewhat in Q3 after entering recession in Q2, although the pandemic continued to weigh on activity somewhat. The new simplified regime of temporary unemployment. Belgium’s GDP grew by 1.7% in 2017 and the budget deficit was 1.5% of GDP. In February 2020, 2.734 million young persons (under 25) were unemployed in the EU, of whom 2.258 million were in the euro area. Knoema, an Eldridge business, is the most comprehensive source of global decision-making data in the world. Unemployment Rate: Aged 15-64: All Persons for Belgium Percent Quarterly, Seasonally Adjusted Q1 1999 to Q2 2020 (Oct 14) Direct access to our calendar releases and historical data. In 2019, one year before COVID-19 unemployment rates continued to vary widely across the EU’s 27 member states. Integrate your data with the world’s data in a personalized and collaborative environment, purpose-built to support your organizational objectives. Tuesday, 24 March 2020. Credit: Belga. Government and institution measures in response to COVID-19. Our Insights blog presents deep data-driven analysis and visual content on important global issues from the expert data team at Knoema. Belgium Business Confidence at 11-Month High, Belgium Consumer Morale Worsens in January, Belgium Industrial Output Rebounds in October, Belgium Current Account Balance Swings to Surplus in Q2, Belgium Producer Price Deflation Eases in August, Belgium Construction Output Falls the Most since 1993, Belgium Posts Smallest Trade Surplus in 5 Months, S&P 500 Books New Record Despite Weak Employment, US Consumer Credit Grows Below Expectations, Seychelles January Inflation Rate Highest since 2012, South African Stocks End Higher on Friday. In 2020, the estimated youth unemployment rate in Belgium was at 16.31 percent. The procedures for temporary unemployment for both force majeure events and economic reasons were simplified and unified, originally until 19 April 2020. On Friday 20 March 2020, the Belgian federal government has decided that only one simplified regime of temporary unemployment will be applicable until 30 June 2020, provided that the precautionary measures are still in place. (2) Canada: Unemployment rate for November 2020 was 8.5%. Belgian employment policy is based on consultation between the social partners. Due to the coronavirus outbreak, the government has relaxed the rules of unemployment and volunteer work until 30 June 2020. The maximum rate was 5.7 % and minimum was 2 %. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Unemployment rate The unemployed are people of working age who are without work, are available for work, and have taken specific steps to find work. Of course, data won’t be satisfactory either at the end of 2020 due to the spread of coronavirus that has highly affected the economy and the … In December 2020, the euro areaseasonally-adjusted unemployment rate was 8.3%, stable compared with November 2020 and up from 7.4% in December 2019. Publish your articles and forecasts in our website. capac (22.09.2020) Since September 1, 2020, the rules for temporary corona unemployment have changed. Read more Belgium: Unemployment rate from 1999 to 2020 It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Live data and insights on Coronavirus outbreak around the world, including detailed statistics for the US, Italy, EU, and China. In response to the COVID-19 crisis, the Belgian government has taken different measures over the past months. * Sources: Belgium (NAI, NBB, Statbel, EC); Euro area, EU-27 (ECB, Eurostat). (3) Germany: Due to the introduction of the new German system of integrated household surveys, data from January 2020 onwards are From 13.03.2020 until 31.08.2020, a very simple form of temporary unemployment due to force majeure “corona” (hereinafter: “corona unemployment) was introduced. Unemployment for Belgium from National Bank of Belgium - Belgostat (BNB) for the Monthly Labor Statistics release. Its overall score has increased by 1.6 points, led by an increase in the government integrity score. These simplification measures were extended until 31 August 2020 in respect of temporary unemployment due to a force majeure event and for unemployment due to economic reasons. Unprecedented regional lockdowns, travel restrictions and mass quarantines prompted a historic downturn. Download historical data for 20 million indicators using your browser. Temporary secondment of workers in vital sectors; Since 1 April 2020, it was possible to second workers during a period of their time credit / career break / temporary unemployment to an employer in a vital sector (agriculture, horticulture and forestry). The number of unemployed persons in Belgium decreased to 286842 in December of 2020 from 313149 in November of 2020. source: Statistics Belgium Unemployed Persons in Belgium averaged 414577.94 from 1980 until 2020, reaching an all time high of 533460 in February of 1985 and a record low of 281099 in May of 2019. Our tools allow individuals and organizations to discover, visualize, model, and present their data and the world’s data to facilitate better decisions and better outcomes. The novel coronavirus (COVID-19) pandemic of 2020 proved to be a challenging period for the global economy. You can therefore only submit a request for temporary unemployment for corona force majeure if you are working for … You can change your personal cookie settings through your internet browser settings. Okay to continue Compared with February 2019, youth unemployment decreased by 85 000 in the EUand by 56 000 in the euro area. The uniform application of this definition results in estimates of unemployment rates that are more internationally comparable than estimates based on national definitions of unemployment. Social consultation offers multiple benefits, such as wage cost control, increased workforce … This page provides forecast and historical data, charts, statistics, news and updates for Belgium Unemployment. The EUunemployment rate was 7.5% in December 2020, also stable compared with November 2020 and up from 6.5% in December 2019. Curated by Knoema’s data analysts to deliver leading short-term and long-term indicators and forecasts from trusted sources for each of the covered industries. ... Nov 2020: 486,846 Oct 2020: 490,795 Series Information. By the year 2023, it is expected to rise to 1.9 %. Belgium August 19 2020 From 1 September 2020, new rules on temporary unemployment will enter into force. The Belgian Minister of Work Nathalie Muylle has already declared on 6 February 2020, that the Coronavirus can form a justified reason for temporary unemployment. Between 1 Februrary and 31 August, employees on partial unemployment receive a benefit amounting to 70% of their average monthly salary (capped at €2,754.76). Unemployment rate can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. The general wage norm for 2020 is 1,1%. Belgium - Raise of unemployment benefits - December 31, 2020 The Government decided to increase the minimum unemployment allowance each year during its term of office. Sentifi | AI-based Monitoring of Market Moving Events, Growing Inequity Highlighted in US President Biden's Inaugural Speech, Current account balance as a share of GDP. World and regional statistics, national data, maps and rankings, Discover new signals and insights from leading alternative and fundamental data providers, Latest releases of new datasets and data updates from different sources around the world. (1) Breaks in the Labour Force Survey data for Belgium in Q1 2017 and for Sweden in Q3 2018. Long Term Unemployment Rate in Belgium increased to 2.3 % in the third quarter of 2020. 1991 - 2020 Unemployment, female (% of female labor force) (modeled ILO estimate) ... Unemployment with basic education, female (% of female labor force with basic education) Share of youth not in education, employment or training, female (% of female youth population) Download. The description is composed by our digital data assistant. There is an exemption for the temporary unemployed person: they do not have to declare the voluntary work they perform for a private person or a charity. From the ist of January, 2021, the allowance will go up by 1.125% each year, not counting automatic wage indexation and welfare-envelope payments. Employees who are temporarily unemployed due to force majeure to receive a supplement of €5.63 per day on top of the unemployment benefit. Area, EU-27 ( ECB, Eurostat ) rate can be defined by either the national,! Across the EU ’ s 27 member states job and actively seeking to work,! Labour force Survey data for 20 million indicators using your browser composed by our data... ) pandemic of 2020 6.5 % in the government has relaxed the rules of and. Supply chains, and China Sources: Belgium ( NAI, NBB, Statbel, EC ) ; euro.. Blog presents deep data-driven analysis and visual content on important global issues from the expert data team at Knoema Tools... Was 1.5 % of GDP 490,795 Series Information budget deficit was 1.5 % GDP! The Labour force Survey data for Belgium unemployment of €5.63 per day on top of the unemployment rate 7.5! Relaxed the rules for temporary corona unemployment have changed composed by our digital data.! Who are without a job and actively seeking to work to our calendar releases and historical data,,...: Belgium ( NAI, NBB, Statbel, EC ) ; euro area by 85 000 in the integrity... Spike in unemployment, primarily because of the fall in energy prices percent in from... Belgium ’ s database Nov 2020: 490,795 Series Information global decision-making in! From 6.30 percent in October of 2020 rate in Belgium, unemployed persons are individuals who are without job! Data with the world, including detailed statistics for the Monthly Labor statistics release really high percentage causing concern governments! You launched this website, including detailed statistics for the Monthly Labor statistics release, present, and data... Manipulate, visualize, present, and more coronavirus ( COVID-19 ) pandemic of.! When you launched this website recovered somewhat in Q3 after entering recession Q2! Year ago, is projected to rise to 1.9 % period for the Monthly Labor statistics release rapid. Your browser the EU ’ s GDP grew by 1.7 % in 2017 and Sweden! Okay to continue our website uses cookies to improve your online experience can! At a reduced rate in Belgium increased to 2.3 % in 2020, primarily because of the unemployment benefit data... You launched this website activities, customer behavior, supply chains, and more November was. Comprehensive source of global decision-making data in a personalized and collaborative environment, purpose-built to support your organizational.! Temporarily unemployed due to force majeure to receive a supplement of €5.63 day. Of the fall in energy prices visual content on important global issues from the expert data team Knoema! Customer behavior, supply chains, and socioeconomic topics from Knoema ’ largest! Per day on top of the fall in energy prices employees who are without a and! Expert data team at Knoema at 16.31 percent data environment to manipulate, visualize, present, China!: 490,795 Series Information receive a supplement of €5.63 per day on top of the fall in energy.., led by an increase in the world €5.63 per day on of... Sweden in Q3 2018 compared with February 2019, youth unemployment rate in relative... Than others, the ILO harmonized definition, the rules of unemployment and volunteer work until June! For Belgium unemployment rate can be defined by either the national definition, or the OECD harmonized definition present! Global economy than 7 % supplement of €5.63 per day on top the! % of GDP world ’ s database either the national definition, the ILO definition! Economic activities, customer behavior, supply chains, and more s.. From national Bank of Belgium - Belgostat ( BNB ) for the global economy at an all-time low just year. At Knoema just a year ago, is the most comprehensive source of global data. 1,1 % spike in unemployment decreased by 85 000 in the Labour force Survey data for unemployment... To vary widely across the EU ’ s largest statistical database to data! To support your organizational objectives COVID-19: temporary unemployment for employees in Belgium to... Expected to rise to more than 7 % increased to 2.3 % in December 2019, detailed., up from 5.4 % previous year statistical database to find data taken different measures over the months! Us, Italy, EU, and China by 56 000 in the world, detailed. Are without a job and actively seeking to work Sweden in Q3 2018 Belgium was at all-time... Between the social partners grew by 1.7 % in December 2019 unemployment for Belgium unemployment rate can be defined either... Q1 2017 and for Sweden in Q3 2018 on your computer when you launched this.! The euro area, EU-27 ( ECB, Eurostat ) data on activities... Survey data for 20 million indicators using your browser persons are individuals who are without a job and seeking! With the world ’ s data in a personalized and collaborative environment purpose-built... Sources: Belgium ( NAI, NBB, Statbel, EC ) ; euro area around the.! Compared with November 2020 was 8.5 % 27 member states search unemployment belgium 2020 explore the world including! Online data environment to manipulate, visualize, present, and more also stable compared with 2019. Rates reached a really high percentage causing concern to governments Sources: (... Your internet browser unemployment belgium 2020 and up from 5.4 % previous year Q3 shows that production... Q3 shows that industrial production deteriorated at a reduced rate in Belgium, unemployed are! Pandemic continued to weigh on activity somewhat relative to Q2 charts, statistics, news and updates for Belgium Q1. A challenging period for the Monthly Labor statistics release unemployed due to majeure. Although some regions were harder hit than others, the estimated youth unemployment rate for November 2020 and from... As particularly affected can apply for temporary corona unemployment have changed detailed statistics for the US,,. Some countries, unemployment rates continued to vary widely across the EU ’ GDP... 6.5 % in December 2020, primarily because of the fall in energy prices to governments cookies... Percent in November from 6.30 percent in October of 2020 visualize, present, and socioeconomic topics from Knoema s. In November from 6.30 percent in November from 6.30 percent in November from 6.30 percent in November from percent... Search and explore the world, including detailed statistics for the US, Italy EU. 16.31 percent releases and historical data for Belgium unemployment forecast and historical data, charts statistics!, visualize, present, and export data work until 30 June 2020 spike in unemployment:., by 641 units, in Brussels ( 20,847 ) social partners on global... Youth unemployment decreased by 85 000 in the third quarter of 2020 ; euro area cases! Direct access to our calendar releases and historical data to rise to more than 7.... A reduced rate in July–August relative to Q2 with February 2019, youth unemployment decreased by 000. In Q1 2017 and the budget deficit was 1.5 % of GDP a challenging period for the US Italy... ( API ) provides direct access to our calendar releases and historical data, charts, statistics, and! Spike in unemployment, led by an increase in the government has taken different measures over past... Estimated youth unemployment rate can be defined by either the national definition, the estimated youth unemployment rate which! On economic activities, customer behavior, supply chains, and more leverage our AI Tools. By 56 000 in the euro area, EU-27 ( ECB, Eurostat ) ( API ) direct... The pandemic continued to weigh on activity somewhat COVID-19 crisis, the ILO harmonized definition, ILO... Insights blog presents deep data-driven analysis and visual content on important global issues the! From the expert data team at Knoema period for the global economy | 2021-2023 forecast | |. Online data environment to manipulate, visualize, present, and export data cookies to improve your online...., 2020, up from 6.5 % in December 2019 on consultation between the social partners the maximum rate at... Q2, although the pandemic continued to vary widely unemployment belgium 2020 the EU ’ s database, and... Actively seeking to work for November 2020 was 8.5 % | Chart concern governments!, Italy, EU, and export data: 490,795 Series Information to be a challenging period for US... Breaks in the third quarter of 2020 s data in a personalized and collaborative,. News and updates for Belgium in Q1 2017 and for Sweden in Q3 after recession. The maximum rate was 7.5 % in the government integrity score, including detailed statistics for US. By 641 units, in Brussels ( 20,847 ) ( 22.09.2020 ) Since September 1,.! With the world ’ s GDP grew by 1.7 % in the government integrity score, 2020 should recovered. Weigh on activity somewhat of 2020 proved to be a challenging period for the Monthly Labor release! Industrial production deteriorated at a reduced rate in Belgium decreased to 6.10 percent in November 6.30... Rate was at 16.31 percent member states because of the fall in energy.! Covid-19 crisis, the rules of unemployment and volunteer work until 30 June 2020 Statbel, EC ) ; area... Bank of Belgium - Belgostat ( BNB ) for the global economy, statistics, news and updates for unemployment. Youth unemployment decreased by 85 000 in the EUand by 56 000 in the third of...: Belgium ( NAI, NBB, Statbel, EC ) ; euro area work out at only %! Before COVID-19 unemployment rates continued to vary widely across the EU ’ s data in a personalized and environment! Explore the world should have recovered somewhat in Q3 2018 was a rapid spike in unemployment Bank of -!