Euro Area Unemployed Persons  Forecast


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Unemployed Persons in Euro Area is expected to be 14600.00 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 14300.00 in 12 months time. In the long-term, the Euro Area Unemployed Persons is projected to trend around 14000.00 Thousand in 2020, according to our econometric models.


Euro Area Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 8.9 8.8 8.7 8.6 8.5 7.4
Unemployed Persons 14402 14600 14500 14500 14300 14000
Employed Persons 156 156 157 158 158 164
Long Term Unemployment Rate 4.4 4.7 4.6 4.6 4.5 4.4
Youth Unemployment Rate 18.7 18.4 18.1 17.9 17.6 15.1
Productivity 104 107 108 109 110 118
Labour Costs 111 114 99.3 111 104 120
Wage Growth 2 2.3 2.2 2.3 2.4 2.8
Population 341 341 343 343 343 346
Employment Change 0.4 0.5 0.5 0.4 0.4 0.6
Part Time Employment 31436 31400 31400 31500 31600 34200
Labor Force Participation Rate 57.1 57.6 57.8 57.9 58 60
Full Time Employment 113329 113800 114200 114400 114600 119000
Retirement Age Men 64.54 64.54 64.7 64.7 64.7 65
Retirement Age Women 64.32 64.32 64 64 64 65