Belgium Unemployed Persons - Forecast

Unemployed Persons in Belgium is expected to be 329205.22 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Belgium to stand at 327830.57 in 12 months time. In the long-term, the Belgium Unemployed Persons is projected to trend around 327809.42 in 2020, according to our econometric models.


Belgium Unemployed Persons
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Belgium Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 6.3 6.2 6.2 6 6.2 6.5
Employed Persons 4031 4040 4061 4087 4078 4085
Unemployed Persons 322274 329205 329141 327583 327831 327809
Labor Force Participation Rate 68.6 67.96 68.32 68.39 68.13 68.23
Long Term Unemployment Rate 3.3 3.24 3.34 3.38 3.41 3.88
Youth Unemployment Rate 17.7 17.2 19.54 21.99 23.6 22.57
Labour Costs 110 110 110 110 110 110
Job Vacancies 140685 148503 154608 152055 155636 180626
Minimum Wages 1563 1563 1563 1563 1575 1585
Wage Growth 2.15 3.15 3.15 3.15 3.15 3.15
Population 11.37 11.44 11.44 11.44 11.43 11.56
Retirement Age Women 65 65 65 65 65 65
Retirement Age Men 65 65 65 65 65 65
Living Wage Family 1490 1530 1530 1530 1550 1550
Living Wage Individual 1030 1030 1030 1030 1030 1030
Wages 3445 3600 3600 3600 3650 3700
Wages High Skilled 3120 3200 3200 3200 3200 3250
Wages In Manufacturing 99.4 114 99 125 107 139
Wages Low Skilled 1890 1950 1950 1950 1950 2000
Productivity 100 100 100 100 100 100
Part Time Employment 1148 1131 1131 1130 1125 1123
Employment Change 0.2 0.4 0.5 0.5 0.3 0.4
Employment Rate 64.1 63.1 63.1 63.1 63.1 63.1
Full Time Employment 3515 3436 3436 3436 3436 3436