Market Intelligence Reports

Quarterly Global Market Report Q1 2021

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38 February, 2021 Belgium Total Workforce (000s) Dec '20 5,033 Unemployed Workers (000s) 292 Unemployment Rate 5.8% Youth Unemployment Rate 16.6% 2,382 5,244 1,958 233 1,499 274 19 years or Under Prime Working Age (20 -64 years) 65 years+ Local Born Foreign Born Population In Thousands 2,585 2,566 2,576 2,537 2,563 5.5% 5.7% 5.3% 5.1% 6.6% 2,277 2,275 2,249 2,226 2,262 5.2% 4.6% 4.9% 4.7% 6.3% 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 Male Employed Male Unemployed (%) Female Employed Female Unemployed (%) 59.4% 58.8% 58.8% 57.7% 59.2% 50.2% 49.7% 49.3% 48.6% 50.2% 2019Q3 2019Q4 2020Q1 2020Q2 2020Q3 Male Participation Rate Female Participation Rate 17.3% of the population is foreign born. 577K Belgians have emigrated. 67% of the population of Brussels is foreign born. The unemployment gap between foreign born and native born populations was 6.1 percentage points in 2019. 98% of the population live in urban areas. More than 22K Covid-19 deaths. Belgium is closed for all but essential travel. All arrivals require a negative Covid-19 test result. Arrivals from high risk areas need to quarantine. Some non-essential shops and businesses have been allowed to reopen. Schools are open. 270K workers are on temporary unemployment which has been extended until June. Impact of Covid-19 on Labor Force Over Time Labor Force Participation Rates by Gender Migration Migration Migrant Stock by Working Age (June 2020) Latest Labor Force Statistics Workforce Labor Force Employed and Unemployed by Gender Covid-19 – Daily Confirmed Cases (7 Day Average) Covid-19 Restriction Update (End of February 2021) Covid-19 Update and Restrictions Employed W orkers in Thousands Key Sources: https://www.ilo.org/ https://data.worldbank.org/ https://migrationdataportal.org/ https://www.un.org/development/desa/pd/ https://vivoclinic.com/ https://travel.state.gov/content/travel/en/traveladvisories/COVID-19-Country-Specific-Information.html https://www.brusselstimes.com/news/belgium-all-news/154621/coronavirus-federal-government-extends- support-measures https://statbel.fgov.be/nl/themas/datalab/maandelijkse-cijfers-over-de-arbeidsmarkt#figures

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