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

The Portuguese unemployment rate fell to 8.1 percent in the fourth quarter of 2017 from 8.5 percent in the previous period and 10.5 percent in the same quarter of 2016. It was the lowest jobless rate since the fourth quarter of 2008, as the number of unemployed declined by 22 thousand from the previous period to 422.0 thousand while the number of employed increased by 1.9 thousand to 4.80 million. Compared to a year earlier, unemployment went down by 121.2 thousand and employment increased by 161.3 thousand. Meanwhile, youth unemployment rate fell to 23.5 percent from 24.2 percent in the third quarter. In 2017, the unemployment rate was 8.9 percent, a decrease of 2.2 p.p. from 2016; and the young people unemployment rate stood at 23.9 percent, down 4.1 p.p. from the previous year. Unemployment Rate in Portugal averaged 7.83 percent from 1983 until 2017, 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
2017-08-09 10:00 AM Unemployment Rate 8.8% 10.1% 9.2%
2017-11-08 11:00 AM Unemployment Rate 8.5% 8.8% 8.5%
2018-02-07 11:00 AM Unemployment Rate 8.1% 8.5% 8.2%
2018-05-10 10:00 AM Unemployment Rate 8.1% 8.4%
2018-08-09 10:00 AM Unemployment Rate 7.6%
2018-11-08 11:00 AM Unemployment Rate 7.7%


Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.10 8.50 17.50 3.70 percent [+]
Employed Persons 4748.70 4738.30 5007.40 4215.20 Thousand [+]
Unemployed Persons 409.00 428.60 927.70 174.60 Thousand [+]
Part Time Employment 531.70 508.00 678.90 508.00 Thousand [+]
Full Time Employment 4273.20 4295.00 4516.50 3725.70 Thousand [+]
Employment Rate 54.30 54.30 59.20 48.80 percent [+]
Labor Force Participation Rate 59.00 59.30 62.50 58.10 percent [+]
Long Term Unemployment Rate 4.20 4.60 9.40 1.40 percent [+]
Youth Unemployment Rate 22.10 23.70 40.70 11.10 percent [+]
Labour Costs 95.40 100.10 112.40 63.20 Index Points [+]
Job Vacancies 13298.00 6984.00 17645.00 1083.00 [+]
Wages 1144.61 1138.73 1144.61 809.34 EUR/Month [+]
Wage Growth 5.40 3.90 7.00 -10.30 percent [+]
Wages in Manufacturing 140.15 126.16 140.15 85.38 Index Points [+]
Minimum Wages 676.67 649.83 676.67 356.72 EUR/Month [+]
Population 10.31 10.34 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 -854.00 61.00 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 109.50 102.20 112.30 77.90 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 0.60 0.70 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 February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
8.10 8.50 17.50 3.70 1983 - 2017 percent Quarterly
NSA




unemployment rate by Country
Country Last
Spain 16.55 Dec/17
Brazil 11.80 Dec/17
Italy 10.80 Dec/17
Turkey 10.30 Nov/17
France 8.90 Dec/17
Euro Area 8.70 Dec/17
Canada 5.90 Jan/18
Australia 5.50 Jan/18
Indonesia 5.50 Sep/17
Russia 5.20 Jan/18
United Kingdom 4.40 Dec/17
Netherlands 4.20 Jan/18
United States 4.10 Jan/18
China 3.90 Dec/17
Germany 3.60 Dec/17
South Korea 3.60 Jan/18
India 3.46 Dec/16
Switzerland 3.30 Jan/18
Mexico 3.10 Dec/17
Japan 2.80 Dec/17


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