Global trade flows have showed signs of accelerating at the start of 2024, as the major industrial economies began to pull out of the slump that started in late 2022, which should boost demand for transport fuels such as diesel.
The 375 million euros the government pushed into making working in schools in less prosperous neighborhoods more attractive for teachers has not yielded much so far, the Netherlands Bureau for Economic Policy Analysis (CBP) said in a report on Tuesday. In the 2021/22 school year, the first of two years that amount will cover, the grant had “no major effect on the inflow, outflow, and retention of teachers at these schools.
Highly skilled and highly educated immigrants arriving in the Netherlands result in more employment opportunities for current residents, not fewer, EenVandaag reported after speaking with experts. Knowledge migrants are essential for the Dutch economy, added Jeroen Dijsselbloem. The former finance minister and current mayor of Eindhoven told Buitenhof about his recent conversations with tech company ASML.
More migrant workers and knowledge migrants will not solve the widespread staff shortages in the Netherlands, according to the Netherlands Bureau for Economic Policy Analysis (CPB). Pushing part-time workers to work more hours will also not offer quick solutions. The government will have to intervene, the agency said on Wednesday.
Home prices in the Netherlands will increase by between 5 and 8 percent this year, according to ING. By the end of 2024, owner-occupied homes will, on average, be well above the previous peak in July 2022, the bank said. “The fact that prices have recently risen sharply is mainly due to strong wage increases and the growing shortages in the housing market,” economist Sander Burgers said. Those benefiting from higher wages can spend more on a down payment and borrow more for a mortgage. That will lead buyers to offer more money for a home than before.