Employment Rate in Portugal increased to 55.40 percent in the third quarter of 2018 from 55.10 percent in the second quarter of 2018. Employment Rate in Portugal averaged 55.36 percent from 1998 until 2018, reaching an all time high of 59.20 percent in the second quarter of 2002 and a record low of 48.80 percent in the first quarter of 2013.
Employment Rate in Portugal is expected to be 54.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Portugal to stand at 55.20 in 12 months time. In the long-term, the Portugal Employment Rate is projected to trend around 55.90 percent in 2020, according to our econometric models.