Belgium Unemployed Persons  Forecast


Unemployed Persons in Belgium is expected to be 343859.14 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 354470.77 in 12 months time. In the long-term, the Belgium Unemployed Persons is projected to trend around 378531.29 in 2020, according to our econometric models.


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Belgium Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 7.3 6.8 6.6 6.4 6.2 5.2
Employed Persons 3993 4003 4007 4009 4010 3994
Unemployed Persons 336727 343859 347577 351106 354471 378531
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 21.7 21.43 21.34 21.27 21.2 20.8
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 64.32 64.32 64.32 64.32 64.47
Retirement Age Men 60 60.54 61.58 62.1 62.62 64.87
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
Part Time Employment 1061 1109 1091 1091 1095 1090
Productivity 100 100 93.71 100 112 101
Wages 3445 3479 3496 3513 3530 3601
Wages High Skilled 3020 2955 2948 2943 2938 2914
Wages In Manufacturing 103 122 103 111 92.81 119
Wages Low Skilled 1850 1835 1834 1832 1831 1826
Living Wage Family 1342 1347 1347 1347 1347 1347
Living Wage Individual 1124 1135 1135 1135 1135 1135