Euro Area Youth Unemployment Rate - Forecast

Youth Unemployment Rate in Euro Area is expected to be 18.10 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 17.00 in 12 months time. In the long-term, the Euro Area Youth Unemployment Rate is projected to trend around 15.10 percent in 2020, according to our econometric models.


Euro Area Youth Unemployment Rate
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Euro Area Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 8.7 8.7 8.6 8.5 8.2 7.4
Unemployed Persons 14163 14500 14500 14300 14200 14000
Employed Persons 156 157 158 158 159 164
Long Term Unemployment Rate 4.4 4.6 4.6 4.5 4.5 4.4
Youth Unemployment Rate 18.2 18.1 17.9 17.6 17 15.1
Productivity 105 108 109 110 111 118
Labour Costs 104 99.3 111 104 116 120
Wage Growth 1.6 2.2 2.3 2.4 2.6 2.8
Population 341 343 343 343 343 346
Employment Change 0.4 0.5 0.4 0.4 0.6 0.6
Part Time Employment 31436 31400 31500 31600 32100 34200
Labor Force Participation Rate 57.1 57.8 57.9 58 58 60
Full Time Employment 113329 114200 114400 114600 115000 119000
Retirement Age Men 64.54 64.7 64.7 64.7 64.7 65
Retirement Age Women 64.32 64 64 64 64.3 65