European Union Unemployed Persons - Forecast

Unemployed Persons in European Union is expected to be 16731.19 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in European Union to stand at 16342.48 in 12 months time. In the long-term, the European Union Unemployed Persons is projected to trend around 15963.02 Thousand in 2020, according to our econometric models.


Forecast Data Chart
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European Union Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployed Persons 16823 16731 16576 16445 16342 15963
Long Term Unemployment Rate 3.2 2.98 2.93 2.91 2.83 2.5
Labour Costs 114 107 113 107 113 113
Labor Force Participation Rate 57.7 58.2 58 57.76 57.99 58
Part Time Employment 43035 42895 43181 43163 43499 43528
Population 513 513 513 514 514 516
Productivity 106 105 109 106 107 109
Retirement Age Men 64.28 64.28 64.28 64.5 64.5 65
Retirement Age Women 63.44 63.44 63.44 63.7 63.7 64
Employed Persons 227787 232262 231305 230292 233040 235538
Employment Change 0.4 0.36 0.37 0.39 0.37 0.38
Full Time Employment 178898 182887 181760 180730 182499 184033
Unemployment Rate 6.8 6.6 6.2 6 5.9 5.4
Wage Growth 2.7 2.23 2.06 1.9 2.02 2.08
Youth Unemployment Rate 14.8 14.55 14.25 13.99 13.78 12.96