European Union Youth Unemployment Rate - Forecast

Youth Unemployment Rate in European Union is expected to be 16.10 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 European Union to stand at 16.81 in 12 months time. In the long-term, the European Union Youth Unemployment Rate is projected to trend around 16.71 percent in 2020, according to our econometric models.


European Union Youth Unemployment Rate
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European Union Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployed Persons 17481 17795 18032 18411 18830 18456
Long Term Unemployment Rate 3.2 3.01 2.95 2.95 2.86 2.38
Labour Costs 114 114 108 114 108 114
Labor Force Participation Rate 58 58.1 58.27 58.01 57.88 58.08
Part Time Employment 43030 43526 43023 43353 43378 43993
Population 512 513 513 513 514 516
Productivity 108 106 104 107 105 106
Retirement Age Men 64.28 64.28 64.28 64.28 64.5 65
Retirement Age Women 63.44 63.44 63.44 63.44 63.7 64
Employed Persons 228782 228597 228597 228597 228597 228597
Employment Change 0.2 0.12 0.12 0.12 0.13 0.17
Full Time Employment 179934 179805 179805 179805 179805 179805
Unemployment Rate 7.1 6.9 6.8 6.8 6.7 6
Wage Growth 2.4 2.3 2.3 2.3 2.3 2.3
Youth Unemployment Rate 15.6 16.1 16.38 16.65 16.81 16.71