Belgium Employed Persons  Forecast


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Employed Persons in Belgium is expected to be 4003.33 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employed Persons in Belgium to stand at 4009.73 in 12 months time. In the long-term, the Belgium Employed Persons is projected to trend around 3993.71 Thousand in 2020, according to our econometric models.


Belgium Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 7.1 6.8 6.6 6.4 6.2 5.2
Employed Persons 3993 4003 4007 4009 4010 3994
Unemployed Persons 350247 351481 354891 358190 361332 383610
Labor Force Participation Rate 67.5 67.8 67.57 67.46 67.49 67.37
Long Term Unemployment Rate 3.9 3.87 3.88 3.89 3.93 4.07
Youth Unemployment Rate 22.7 22.19 22.14 21.98 21.86 21.14
Labour Costs 109 110 110 110 110 110
Job Vacancies 130137 115993 116794 115370 112377 102470
Minimum Wages 1532 1532 1544 1545 1546 1585
Wage Growth 1.8 1.12 0.99 0.94 0.96 1.29
Population 11.37 11.37 11.44 11.44 11.44 11.56
Retirement Age Women 65 64 64 64 64 64
Retirement Age Men 60 61 62 62.5 63 65
Living Wage Family 1490 1535 1526 1521 1516 1543
Living Wage Individual 1030 1047 1044 1043 1041 1052
Wages 3445 3479 3496 3513 3530 3601
Wages High Skilled 3120 3069 3074 3077 3079 3047
Wages In Manufacturing 103 122 103 111 92.81 119
Wages Low Skilled 1890 1842 1844 1845 1846 1839
Productivity 100 100 93.71 100 112 101
Part Time Employment 1061 1109 1091 1091 1095 1090
Employment Change 0.2 0.4 0.4 0.4 0.17 0.4
Employment Rate 62.8 62.7 62.59 62.61 62.57 62.43
Full Time Employment 3459 3412 3396 3382 3369 3310