Long Term Unemployment Rate in European Union decreased to 2.60 percent in the fourth quarter of 2021 from 2.80 percent in the third quarter of 2021. source: EUROSTAT

Long Term Unemployment Rate in European Union averaged 3.89 percent from 2005 until 2021, reaching an all time high of 5.70 percent in the first quarter of 2014 and a record low of 2.10 percent in the second quarter of 2020. This page provides - European Union Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Long Term Unemployment Rate - values, historical data and charts - was last updated on July of 2022.

Long Term Unemployment Rate in European Union is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union Long Term Unemployment Rate is projected to trend around 3.00 percent in 2023 and 2.80 percent in 2024, according to our econometric models.

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European Union Long Term Unemployment Rate

Related Last Previous Unit Reference
Unemployed Persons 13066.00 13139.00 Thousand May 2022
Long Term Unemployment Rate 2.60 2.80 percent Dec 2021
Labour Costs 120.30 110.00 points Dec 2021
Unemployment Rate 6.10 6.10 percent May 2022
Youth Unemployment Rate 13.30 13.80 percent May 2022
Employment Change 0.40 0.40 percent Mar 2022
Productivity 105.21 105.38 points Mar 2022
Wage Growth 2.00 2.80 percent Dec 2021
Part Time Employment 34716.60 34187.10 Thousand Dec 2021
Full Time Employment 160668.50 161051.70 Thousand Dec 2021
Employed Persons 195503.00 195349.00 Thousand Dec 2021
Labor Force Participation Rate 74.30 73.60 percent Sep 2021
Population 447.32 446.45 Million Dec 2020

European Union Long Term Unemployment Rate
In the European Union, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.
Actual Previous Highest Lowest Dates Unit Frequency
2.60 2.80 5.70 2.10 2005 - 2021 percent Quarterly