Job Market
Job Market Update: Q4 2024
Team JobBooster
15 November 2024
8 min read
Job market remains tight
In the fourth quarter of 2024, the Dutch job market remains tight. Although some stabilization has occurred, employers continue to struggle to find suitable candidates.
Key figures Q4 2024
| Indicator | Value | Trend |
|---|---|---|
| Unemployment | 3.6% | Stable |
| Vacancies | 415,000 | Slight decline |
| Tension indicator | 1.3 | Tight |
Sectors in the spotlight
Shortages remain high in:
IT & Technology
- Developers and engineers highly sought after
- Salary increases of 8-12%
- Remote work is standard
Healthcare
- Chronic shortage of nurses
- Increasing demand due to aging population
- Workload remains a point of attention
Engineering & Construction
- Installers and technicians are scarce
- Sustainability drives demand
- Apprenticeship positions increasing
More balance in:
Administrative & Office
- Supply and demand more balanced
- Automation is changing roles
- Hybrid work is popular
Trends to consider
1. Flexibility is the norm
Candidates expect:
- Remote work options
- Flexible hours
- Good work-life balance
Employers who don't offer this miss out on candidates.
2. Purpose becomes more important
Especially younger generations choose employers with:
- Sustainability ambitions
- Social impact
- Transparent culture
3. Skills-based hiring
The focus shifts from diplomas to skills:
- Practical experience is valued more
- Certifications gain ground
- Learning ability is key
Salary overview by sector
| Sector | Average increase |
|---|---|
| IT | +10% |
| Healthcare | +6% |
| Engineering | +8% |
| Logistics | +5% |
| Administrative | +3% |
Outlook 2025
Expectations for next year:
- Shortages continue but slightly decrease
- More focus on sustainable employability
- AI changes many roles
- International recruitment increases
Tips for employers
- Invest in employer branding - Differentiate from competitors
- Offer development opportunities - Candidates want to grow
- Be flexible - In employment terms and work arrangements
- Work on retention - Retention is cheaper than recruitment
- Use multiple channels - Niche platforms work
Conclusion
The job market remains challenging for employers. Success requires a proactive, flexible approach and attention to what candidates truly find important.
JobBooster helps you navigate the tight job market with our specialized job boards and CV database.
