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 June 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.