Long Term Unemployment Rate in Portugal decreased to 2.40 percent in the first quarter of 2021 from 2.50 percent in the fourth quarter of 2020. source: EUROSTAT

Long Term Unemployment Rate in Portugal averaged 4.12 percent from 1992 until 2021, reaching an all time high of 9.40 percent in the first quarter of 2013 and a record low of 1.40 percent in the first quarter of 1992. This page provides - Portugal Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Long Term Unemployment Rate - values, historical data and charts - was last updated on September of 2021.

Long Term Unemployment Rate in Portugal is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Long Term Unemployment Rate is projected to trend around 2.30 percent in 2022 and 2.00 percent in 2023, according to our econometric models.

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Portugal Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.40 2.50 9.40 1.40 1992 - 2021 percent Quarterly

Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.70 7.10 18.50 3.70 percent [+]
Employed Persons 4867.70 4818.10 5007.40 4215.20 Thousand [+]
Unemployed Persons 321.70 333.20 927.70 174.60 Thousand [+]
Full Time Employment 4446.50 4304.80 4516.50 3725.70 Thousand [+]
Part Time Employment 364.00 376.80 678.90 364.00 Thousand [+]
Employment Rate 55.30 53.90 59.20 46.70 percent [+]
Labor Force Participation Rate 59.30 58.00 62.50 56.00 percent [+]
Long Term Unemployment Rate 2.40 2.50 9.40 1.40 percent [+]
Youth Unemployment Rate 23.50 25.40 41.60 11.10 percent [+]
Labour Costs 115.70 108.90 123.60 62.10 points [+]
Job Vacancies 11048.00 11750.00 17645.00 1083.00 [+]
Wages 1188.06 1170.63 1188.06 809.34 EUR/Month [+]
Wages in Manufacturing 144.37 129.77 150.02 85.00 points [+]
Wage Growth 8.40 10.30 10.30 -13.00 percent [+]
Minimum Wages 775.83 740.83 775.83 356.72 EUR/Month [+]
Population 10.30 10.28 10.57 8.62 Million [+]
Retirement Age Women 66.50 66.42 66.50 65.00 [+]
Retirement Age Men 66.50 66.42 66.50 65.00 [+]
Productivity 100.20 102.70 112.30 77.60 points [+]
Employment Change -0.80 1.90 1.90 -3.50 percent [+]
Unemployment Change -9168.00 -24311.00 48562.00 -31613.00 [+]


Portugal Long Term Unemployment Rate
In Portugal, 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.