Portugal Unemployment Rate  1983-2018 | Data | Chart | Calendar | Forecast

The Portuguese unemployment rate fell to 6.7 percent in the second quarter of 2018 from 7.9 percent in the previous period and 8.8 percent in the same quarter of 2017. It was the lowest jobless rate since the second quarter of 2004 (6.3%), as the number of unemployed decreased by 58.3 thousand from the previous period to 351.8 thousand and the number of employed rose by 67.4 thousand to 4.87 million. Among genders, the jobless rate was lower for men (6.4% vs 7.6% in Q1) than for women (7.1% vs 8.1%). Also, youth unemployment rate of those aged 15 to 24 fell to an estimated 19.4 percent in Q2, the lowest level since mid-2009, from 21.9 percent in Q1 and 22.7 percent in the second quarter of 2017. Compared to a year ago, unemployment went down by 109.6 thousand and employment increased by 113.7 thousand. Unemployment Rate in Portugal averaged 7.82 percent from 1983 until 2018, reaching an all time high of 17.50 percent in the first quarter of 2013 and a record low of 3.70 percent in the second quarter of 2000.

Portugal Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-02-07 11:00 AM Unemployment Rate 8.1% 8.5% 8.2%
2018-05-09 10:00 AM Unemployment Rate 7.9% 8.1% 8.4%
2018-08-08 10:00 AM Unemployment Rate 6.7% 7.9% 7%
2018-11-08 11:00 AM Unemployment Rate 6.7% 6.4%


Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.70 7.90 17.50 3.70 percent [+]
Employed Persons 4843.20 4844.70 5007.40 4215.20 Thousand [+]
Unemployed Persons 337.20 330.20 927.70 174.60 Thousand [+]
Part Time Employment 507.30 516.90 678.90 507.30 Thousand [+]
Full Time Employment 4366.80 4289.80 4516.50 3725.70 Thousand [+]
Employment Rate 55.10 54.30 59.20 48.80 percent [+]
Labor Force Participation Rate 59.00 58.90 62.50 58.10 percent [+]
Long Term Unemployment Rate 3.70 3.80 9.40 1.40 percent [+]
Youth Unemployment Rate 20.30 19.70 41.30 11.10 percent [+]
Labour Costs 103.20 95.50 112.50 63.20 Index Points [+]
Job Vacancies 10411.00 9880.00 17645.00 1083.00 [+]
Wages 1148.29 1144.61 1148.29 809.34 EUR/Month [+]
Wage Growth 5.90 7.00 7.80 -10.10 percent [+]
Wages in Manufacturing 130.68 118.54 140.15 85.38 Index Points [+]
Minimum Wages 676.67 676.67 676.67 356.72 EUR/Month [+]
Population 10.29 10.31 10.57 8.62 Million [+]
Retirement Age Women 66.33 66.25 66.33 65.00 [+]
Retirement Age Men 66.33 66.25 66.33 65.00 [+]
Unemployment Change 7560.00 -1808.00 35638.00 -31613.00 [+]
Wages Low Skilled 615.00 644.00 675.00 615.00 EUR/Month [+]
Wages High Skilled 1360.00 1320.00 1400.00 1320.00 EUR/Month [+]
Productivity 101.80 98.80 111.50 78.00 Index points [+]
Living Wage Family 870.00 835.00 910.00 835.00 EUR/Month [+]
Living Wage Individual 595.00 555.00 595.00 555.00 EUR/Month [+]
Employment Change -0.30 1.00 1.20 -3.00 percent [+]


Portugal Unemployment Rate

In Portugal, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Portugal Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6.70 7.90 17.50 3.70 1983 - 2018 percent Quarterly
NSA




unemployment rate by Country
Country Last
South Africa 27.20 Jun/18
Spain 15.30 Jun/18
Brazil 12.30 Jul/18
Italy 10.40 Jul/18
Turkey 10.20 Jun/18
Argentina 9.60 Jun/18
France 9.10 Jun/18
Euro Area 8.20 Jul/18
Saudi Arabia 6.10 Mar/18
Canada 6.00 Aug/18
Australia 5.30 Aug/18
Indonesia 5.13 Mar/18
Russia 4.60 Aug/18
South Korea 4.20 Aug/18
United Kingdom 4.00 Jul/18
Netherlands 3.90 Aug/18
United States 3.90 Aug/18
China 3.83 Jun/18
India 3.52 Dec/17
Mexico 3.50 Jul/18
Germany 3.40 Jul/18
Japan 2.50 Jul/18
Switzerland 2.40 Aug/18
Singapore 2.10 Jun/18


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