The number of unemployed persons in Faroe Islands increased to 495 in May of 2020 from 462 in April of 2020.
Unemployed Persons in Faroe Islands averaged 1052.61 from 1995 until 2020, reaching an all time high of 2923 in May of 1995 and a record low of 291 in November of 2019. This page provides - Faroe Islands Unemployed Persons- actual values, historical data, forecast, chart, statistics, economic calendar and news. Faroe Islands Unemployed Persons - values, historical data and charts - was last updated on September of 2020.
Unemployed Persons in Faroe Islands is expected to be 348.99 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Faroe Islands to stand at 298.17 in 12 months time. In the long-term, the Faroe Islands Unemployed Persons is projected to trend around 233.70 in 2021 and 199.19 in 2022, according to our econometric models.