Euro Area Youth Unemployment Rate - Forecast

Youth Unemployment Rate in Euro Area is expected to be 16.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Euro Area to stand at 15.70 in 12 months time. In the long-term, the Euro Area Youth Unemployment Rate is projected to trend around 14.00 percent in 2020, according to our econometric models.


Euro Area Youth Unemployment Rate
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Euro Area Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 8.4 8.3 8.2 8.1 7.9 7.2
Unemployed Persons 13558 13400 13200 13000 12900 12100
Employed Persons 157 158 159 159 160 164
Long Term Unemployment Rate 4.1 3.8 3.8 3.8 3.7 3.2
Youth Unemployment Rate 16.8 16.8 16.4 16 15.7 14
Productivity 105 108 109 110 110 115
Labour Costs 102 105 116 102 112 120
Wage Growth 1.8 2.2 2.5 2 2.4 2.8
Population 341 343 343 344 344 346
Employment Change 0.4 0.6 0.5 0.4 0.4 0.6
Part Time Employment 31348 31600 32100 32400 32600 34200
Labor Force Participation Rate 57.3 58 58 58.4 58.6 60
Full Time Employment 114570 114600 115000 115400 115900 119000
Retirement Age Men 64.36 64.36 64.36 64.5 64.5 64.75
Retirement Age Women 63.96 63.96 63.96 64.2 64.2 64.5