European Union Youth Unemployment Rate  Forecast


Youth Unemployment Rate in European Union is expected to be 16.62 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 European Union to stand at 16.94 in 12 months time. In the long-term, the European Union Youth Unemployment Rate is projected to trend around 18.12 percent in 2020, according to our econometric models.


European Union Youth Unemployment Rate
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European Union Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployed Persons 18747 18783 18810 18837 18863 19089
Long Term Unemployment Rate 3.7 3.72 3.73 3.74 3.75 3.81
Labour Costs 111 112 104 111 104 111
Labor Force Participation Rate 57.5 57.73 57.56 57.6 57.72 57.63
Part Time Employment 42874 42946 42936 42922 42906 42748
Population 512 512 513 513 513 516
Productivity 105 106 104 105 103 105
Retirement Age Men 64.52 64.41 64.32 64.27 64.22 63.84
Retirement Age Women 62.63 62.51 62.64 62.7 62.76 62.77
Employed Persons 227661 225932 225341 226446 226536 224670
Employment Change 0.4 0.33 0.28 0.24 0.21 0.17
Full Time Employment 175960 176132 175353 175809 175867 173834
Unemployment Rate 7.6 7.6 7.5 7.4 7.3 6.2
Wage Growth 2.4 1.94 2.04 1.68 1.84 1.83
Youth Unemployment Rate 16.7 16.62 16.68 16.8 16.94 18.12