European Union Youth Unemployment Rate - Forecast

Youth Unemployment Rate in European Union is expected to be 14.63 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 13.98 in 12 months time. In the long-term, the European Union Youth Unemployment Rate is projected to trend around 13.32 percent 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 17105 16753 16494 16283 16113 15492
Long Term Unemployment Rate 3.2 2.98 2.93 2.91 2.83 2.5
Labour Costs 107 107 113 107 113 113
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 105 105 109 106 107 109
Retirement Age Men 64.28 64.28 64.28 64.5 64 65
Retirement Age Women 63.44 63.44 63.44 63.7 64 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 6.9 6.8 6.8 6.7 6.5 6
Wage Growth 2.7 2.23 2.06 1.9 2.02 2.08
Youth Unemployment Rate 15.2 14.63 14.37 14.15 13.98 13.32