Okay to continue ** 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). 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). Only sectors and companies recognized as particularly affected can apply for temporary corona unemployment until December 31, 2020. Our Insights blog presents deep data-driven analysis and visual content on important global issues from the expert data team at Knoema. The EUunemployment rate was 7.5% in December 2020, also stable compared with November 2020 and up from 6.5% in December 2019. Download historical data for 20 million indicators using your browser. They were placed on your computer when you launched this website. Belgium’s GDP grew by 1.7% in 2017 and the budget deficit was 1.5% of GDP. Direct access to our calendar releases and historical data. 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. In Belgium, unemployed persons are individuals who are without a job and actively seeking to work. 1980-2020 Data | 2021-2023 Forecast | Historical | Chart. The novel coronavirus (COVID-19) pandemic of 2020 proved to be a challenging period for the global economy. 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. Unemployment refers to the share of the labor force that is without work but … In 2019, one year before COVID-19 unemployment rates continued to vary widely across the EU’s 27 member states. Belgian employment policy is based on consultation between the social partners. (1) Breaks in the Labour Force Survey data for Belgium in Q1 2017 and for Sweden in Q3 2018. 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. * Sources: Belgium (NAI, NBB, Statbel, EC); Euro area, EU-27 (ECB, Eurostat). You can change your personal cookie settings through your internet browser settings. The procedures for temporary unemployment for both force majeure events and economic reasons were simplified and unified, originally until 19 April 2020. Its overall score has increased by 1.6 points, led by an increase in the government integrity score. The new simplified regime of temporary unemployment. Due to the coronavirus outbreak, the government has relaxed the rules of unemployment and volunteer work until 30 June 2020. This page provides forecast and historical data, charts, statistics, news and updates for Belgium Unemployment. [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. Belgium. The Trading Economics Application Programming Interface (API) provides direct access to our data. ... Nov 2020: 486,846 Oct 2020: 490,795 Series Information. 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. (3) Germany: Due to the introduction of the new German system of integrated household surveys, data from January 2020 onwards are Until 30 June 2020 Belgium in Q1 2017 and the budget deficit was 1.5 % of GDP general wage for!: temporary unemployment for employees in Belgium, unemployed persons are individuals who are without a job and seeking. 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