Portugal Unemployment Rate 1983-2014 | Data | Chart | Calendar | Forecast

Unemployment Rate in Portugal decreased to 13.90 percent in the second quarter of 2014 from 15.10 percent in the first quarter of 2014. Unemployment Rate in Portugal averaged 7.47 Percent from 1983 until 2014, 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. Unemployment Rate in Portugal is reported by the Statistics Portugal.

   
 
 

Portugal Unemployment Rate


Actual Previous Highest Lowest Dates Unit Frequency
13.90 15.10 17.50 3.70 1983 - 2014 Percent Quarterly
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. Content for - Portugal Unemployment Rate - was last refreshed on Thursday, October 30, 2014.


Portugal Unemployment Rate Falls in Q2


Portuguese jobless rate declined to 13.9 percent in the second quarter of 2014, from 15.1 percent in the previous period, as more people become employed. This is the lowest rate since the third quarter of 2009 and the fifth consecutive quarter of decline.

There were 728.9 thousand unemployed people, which corresponds to a year-on-year decrease of 15.9% and to a quarterly decrease of 7.5% (less 137.4 thousand and less 59.2 thousand people, respectively).

There were 4 514.6 thousand employed people, which corresponds to a year-on-year and to a quarterly increase of 2.0% (more 90.0 thousand and 87.7 thousand people, respectively).

The labor force (active population) decreased by 0.9 percent from a year earlier (47.4 thousand people) and increased by 0.5 percent from the previous quarter (28.5 thousand).

The participation rate of the working age population stood at 59.0 percent, down 0.3 percentage point. from the same quarter of 2013 and up 0.3 percentage point from the previous quarter.

INE | Isabel Felino | isabel.felino@tradingeconomics.com
8/5/2014 12:05:03 PM


Recent Releases

Portugal Unemployment Rate Down to 15.1% in Q1
Portuguese jobless rate dropped for a fourth straight quarter to 15.1 percent in the first three months of 2014 from 15.3 percent in the previous quarter. Published on 2014-05-12

Portuguese Unemployment Falls for 3rd Straight Quarter
In the fourth quarter of 2013, Portugal’s jobless rate decreased for the third straight quarter to 15.3, from 15.6 percent in the previous three-month period. A year earlier, unemployment reached 16.9 percent. Published on 2014-02-05


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2013-11-07 11:00 AM Portugal
Unemployment Rate
Q3 2013 15.6% 16.4% 16.1%
2014-02-05 11:00 AM Portugal
Unemployment Rate
Q4 2013 15.3% 15.6% 16.5%
2014-05-09 11:00 AM Portugal
Unemployment Rate
Q1 2014 15.1% 15.3% 15%
2014-08-05 11:00 AM Portugal
Unemployment Rate
Q2 2014 13.9% 15.1% 14.2%
2014-11-05 11:00 AM Portugal
Unemployment Rate
Q3 2014 13.9% 13.4%


Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 13.90 15.10 17.50 3.70 Percent [+]
Employed Persons 4514.60 4426.90 5228.10 4215.20 Thousand [+]
Unemployed Persons 728.90 788.10 952.20 174.60 Thousand [+]
Job Vacancies 10402.00 14062.00 15790.00 1083.00 [+]
Long Term Unemployment Rate 8.80 8.70 9.50 1.20 percent [+]
Youth Unemployment Rate 35.60 35.50 40.60 8.80 Percent [+]
Labor Force Participation Rate 59.00 58.70 61.60 58.70 Percent [+]
Wages 1142.59 1134.44 1142.59 809.34 EUR [+]
Wages in Manufacturing 97.16 107.80 132.63 84.12 Index Points [+]
Labour Costs 106.10 102.40 140.40 64.20 Index Points [+]
Population 10.49 10.54 10.57 8.63 Million [+]
Retirement Age Women 65.00 65.00 65.00 65.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Minimum Wages 589.17 565.80 589.17 356.70 EUR [+]