Euro Area Unemployed Persons - Forecast

Unemployed Persons in Euro Area is expected to be 13600.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Euro Area to stand at 13000.00 in 12 months time. In the long-term, the Euro Area Unemployed Persons is projected to trend around 12100.00 Thousand in 2020, according to our econometric models.


Euro Area Unemployed Persons
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Euro Area Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 8.5 8.5 8.3 8.2 8.1 7.2
Unemployed Persons 13716 13600 13400 13200 13000 12100
Employed Persons 157 158 158 159 159 164
Long Term Unemployment Rate 4.1 4 3.8 3.8 3.8 3.2
Youth Unemployment Rate 17.3 17 16.8 16.4 16 14
Productivity 105 107 108 109 110 115
Labour Costs 114 112 105 116 102 120
Wage Growth 1.7 2 2.2 2.5 2 2.8
Population 341 343 343 343 344 346
Employment Change 0.3 0.5 0.6 0.5 0.4 0.6
Part Time Employment 31348 31500 31600 32100 32400 34200
Labor Force Participation Rate 57.3 57.9 58 58 58.4 60
Full Time Employment 114570 114400 114600 115000 115400 119000
Retirement Age Men 64.36 64.36 64.36 64.36 64.5 64.75
Retirement Age Women 63.96 63.96 63.96 63.96 64.2 64.5