Employment in Portugal decreased by 0.3 percent from the previous period in the second quarter of 2018. It was the first decline in employment since the third quarter of 2015. Employment Change in Portugal averaged 0.09 percent from 1995 until 2018, reaching an all time high of 1.20 percent in the third quarter of 1997 and a record low of -3 percent in the fourth quarter of 2012.
Employment Change in Portugal is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Change in Portugal to stand at 0.50 in 12 months time. In the long-term, the Portugal Employment Change is projected to trend around 0.50 percent in 2020, according to our econometric models.