European Union Youth Unemployment Rate - Forecast

Youth Unemployment Rate in European Union is expected to be 14.30 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 13.60 in 12 months time. In the long-term, the European Union Youth Unemployment Rate is projected to trend around 13.00 percent in 2020, according to our econometric models.


Forecast Data Chart
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European Union Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployed Persons 16657 16500 16400 16300 16200 15800
Long Term Unemployment Rate 3.2 3 2.9 2.9 2.8 2.5
Labour Costs 114 115 107 115 108 116
Labor Force Participation Rate 57.7 58 58.4 58.6 58.8 60
Part Time Employment 43035 43200 43300 43400 43500 43800
Population 513 513 514 514 514 516
Productivity 106 107 107 108 109 112
Retirement Age Men 64.28 64.28 64.5 64.5 64.5 65
Retirement Age Women 63.44 63.44 63.7 63.7 63.7 64
Employed Persons 230486 232000 233000 233000 234000 236000
Employment Change 0.4 0.5 0.4 0.4 0.5 0.6
Full Time Employment 178898 182000 182000 183000 184000 187000
Unemployment Rate 6.8 6.2 6 5.9 5.7 5.4
Wage Growth 2.6 2.9 2.8 2.8 2.5 2.4
Youth Unemployment Rate 14.8 14.3 14 13.8 13.6 13