Vertical Outlook on Dutch level

Sources: ManpowerGroup Employment Outlook Survey, Jobdigger, CHoC (KvK)

Industries in the Netherlands all expect growth

Overall hiring climate positive

The NEO in all 9 Dutch sectors shows organizations expect an increase in staffing levels from July to September 2023.

Compared to the second quarter of 2023, hiring climates have strengthened in 5 of 9 sectors, and weakened in 4 sectors.

Compared to Q3 2022, hiring markets have weakened in 4 of 8 sectors, strengthened in 4, and seen no change in one sector.

Industry vertical highest NEO

The most competitive sector in the Netherlands is Industrials & Materials with a NEO of 51, increasing by 25 percentage points since the second quarter of 2023, and by 17 percentage points since Q3 2022.

This quarter is the highest NEO recorded in Industrials & Materials since we started tracking in Q1 2005.

In fact, the Netherlands ranks first globally for the Industrials & Materials sector's NEO, outpacing the 41-country average NEO by 23 points.

Recorded job vacancies

We see most job vacancies per 1,000 inhabitants at the age between 15-74 years are to be found withing the Healthcare vertical.

Most job postings come from the transport, other industries, IT and industry verticals.

Industry vertical lowest NEO

The least competitive sector in the Netherlands is Financials & Real Estate with a NEO of 17, decreasing by 4 percentage points since the second quarter of 2023, and by 21 percentage points since Q3 2022.

Yet, according to financial branch organizations this industry is steadily growing and sees revenues growing. Challenges lie in data security, upcoming immersive technology and required soft skills for those new technologies.

Industrials & Materials

The most competitive sector in the Netherlands is Industrials & Materials with a NEO of 51 and is one of the 5 sectors that sees an increase of the NEO QoQ
The Industry sector is amongst the top 3 sectors with most job vacancies, with 65 jobs per 1,000 inhabitants between 15-74 years of age
79% of employers in the industry have some to a lot difficulty filling jobs due to lack of skilled talent
Yet 56% anticipate an increase in headcount
37% foresees no change

Information Technology

One of the 5 sectors that sees an increase of the NEO QoQ
The Industry sector is amongst the bottom 3 sectors with available job vacancies, with 27 jobs per 1,000 inhabitants between 15-74 years of age
81% of employers in the industry have some to a lot difficulty filling jobs due to lack of skilled talent
Yet 47% anticipate an increase in headcount, 40% foresees no change

Other industries*

One of the 5 sectors that sees an increase of the NEO QoQ
The Industry sector is amongst the top 3 sectors with available job vacancies, with 89 jobs per 1,000 inhabitants between 15-74 years of age
68% of employers in the industry have some to a lot difficulty filling jobs due to lack of skilled talent
Yet 52% anticipate an increase in headcount, 42% foresees no change

*Government or Public Service; Not for Profit/NGO/Charity/Religious organization; Other Industry; Other Transport, Logistics & Automobiles Sub-Industry; Educational Institutions; Agriculture & Fishing

Consumer Goods
& Services

One of the 5 sectors that sees an increase of the NEO QoQ
The Industry sector is in between top and bottom section i.r. to available job vacancies, with 37 jobs per 1,000 inhabitants between 15-74 years of age
69% of employers in the industry have some to a lot difficulty filling jobs due to lack of skilled talent
Yet 43% anticipate an increase in headcount, 43% foresees no change

Health Care & Sciences

One of the 5 sectors that sees an increase of the NEO QoQ
The Industry is #1 sector with available job vacancies, with 113 jobs per 1,000 inhabitants between 15-74 years of age
76% of employers in the industry have some to a lot difficulty filling jobs due to lack of skilled talent
Yet 50% anticipate an increase in headcount, 42% foresees no change

Logistics & Transport

One of the 4 sectors that sees a decrease of the NEO QoQ
The Industry sector is is in between top and bottom section i.r. to available vacancies, with 36 jobs per 1,000 inhabitants between 15-74 years of age
77% of employers in the industry have some to a lot difficulty filling jobs due to lack of skilled talent
Yet 42% anticipate an increase in headcount, 40% foresees no change

Communication Services

One of the 4 sectors that sees a decrease of the NEO QoQ
The Industry sector is is in between top and bottom section i.r. to available vacancies, with 27 jobs per 1,000 inhabitants between 15-74 years of age
68% of employers in the industry have some to a lot difficulty filling jobs due to lack of skilled talent
Yet 43% anticipate an increase in headcount, 43% foresees no change

Financials & Real Estate

One of the 4 sectors that sees a decrease of the NEO QoQ. Employers in this sector are least optimistic and show a NEO of 17%
The Industry sector is is in between top and bottom section i.r. to available job vacancies, with 27 jobs per 1,000 inhabitants between 15-74 years of age
61% of employers in the industry have some to a lot difficulty filling jobs due to lack of skilled talent
36% anticipate an increase in headcount, 19% expect a decrease and 38% foresees no change

Energy & Utilities

One of the 4 sectors that sees a decrease of the NEO QoQ
The Industry sector has the lowest amount of available job vacancies, with 7 jobs per 1,000 inhabitants between 15-74 years of age
75% of employers in the industry have some to a lot difficulty filling jobs due to lack of skilled talent
Yet 48% anticipate an increase in headcount, 33% foresees no change