Portugal Unemployment Rate 1983-2015 | Data | Chart | Calendar | Forecast

Unemployment Rate in Portugal increased to 13.70 percent in the first quarter of 2015 from 13.50 percent in the fourth quarter of 2014. Unemployment Rate in Portugal averaged 7.61 percent from 1983 until 2015, 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
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Actual Previous Highest Lowest Dates Unit Frequency
13.70 13.50 17.50 3.70 1983 - 2015 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 Tuesday, August 4, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2014-11-05 11:00 AM Q3 13.1% 13.9% 13.5%
2015-02-04 11:00 AM Q4 13.5% 13.1% 12.7%
2015-05-06 11:00 AM Q1 13.7% 13.5% 13.7%
2015-08-05 11:00 AM Q2 13.7% 13.9%
2015-11-05 11:00 AM Q3 12.5%


Portugal Unemployment Rate Rises in Q1


Portuguese jobless rate grew to 13.7 percent in the first quarter of 2015 from 13.5 percent reported in the previous period as the number of unemployed increased 2.1 percent and employed fell 0.3 percent. It is the second consecutive quarterly increase.

In the first quarter of 2015, there were 712.9 thousand unemployed people. On a quarterly basis, unemployment affected mainly: women (+5.0 percent); people aged 45 and over (+3.6 percent); having completed the first or second stages of basic education (+2.7 percent); seeking a new job (+3.2 percent), who were formerly in the services sector (+5.2 percent); and long term unemployment (+2.2 percent). Youth unemployment rate rose to 34.4 percent from 34.0 percent in the previous three months.

Meanwhile, employment fell 0.3 percent to 4,477.1 thousand, from the previous quarter, affecting mostly: men (-0.4 percent); people aged from 35 to 44 (-0.7 percent); having completed the first and second stages of basic education (-0.4 percent); employed in the services sector (-0.6 percent); and working  full-time (-0.4 percent). 

The participation rate stood at 58.5 percent, the same as in Q4 of 2014, and down 0.5 percent from the same quarter of last year.

Year-on-year, unemployment rate decreased 1.4 percent, as the number of unemployed went down by 9.5 percent and employed people rose 1.1 percent. 

INE | Joana Ferreira | joana.ferreira@tradingeconomics.com
5/6/2015 11:46:01 AM


Recent Releases

Portugal Unemployment Rate Rises to 13.5%
Portuguese jobless rate incrased to 13.5 percent in the fourth quarter of 2014 from 13.1 percent reported in the previous three month period as the number of unemployed increased and employed declined. A year earlier, unemployment rate was recorded at 15.3 percent.
Published on 2015-02-04

Portugal Unemployment Rate Down to 3-Year Low
Portuguese jobless rate fell for the sixth consecutive quarter to 13.1 percent in the third quarter of 2014, from 13.9 percent in the previous period. It is the lowest rate since the third quarter of 2011, as more young people found a job.
Published on 2014-11-05

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.
Published on 2014-08-05

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


Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 13.70 13.50 17.50 3.70 percent [+]
Employed Persons 4520.20 4458.60 5007.40 4215.20 Thousand [+]
Unemployed Persons 615.30 664.40 927.70 174.60 Thousand [+]
Job Vacancies 16597.00 17645.00 17645.00 1083.00 [+]
Long Term Unemployment Rate 8.00 8.10 9.40 1.40 percent [+]
Youth Unemployment Rate 31.60 31.10 40.70 11.10 percent [+]
Labor Force Participation Rate 58.50 58.50 62.50 58.50 percent [+]
Wages 1142.59 1134.44 1142.59 809.34 EUR/Month [+]
Wages in Manufacturing 94.69 94.57 133.70 85.38 Index Points [+]
Labour Costs 116.90 104.50 140.40 64.20 Index Points [+]
Population 10.37 10.49 10.57 8.62 Million [+]
Retirement Age Women 66.00 66.00 66.00 65.00 [+]
Retirement Age Men 66.00 66.00 66.00 65.00 [+]
Minimum Wages 589.17 565.83 589.17 356.72 EUR/Month [+]
Productivity 99.60 101.10 111.00 77.90 Index points [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.00 Jun/15 5.90 10.90 4.00 percent [+]
Brazil 6.90 Jun/15 6.70 13.10 4.30 percent [+]
Canada 6.80 Jun/15 6.80 13.10 2.90 percent [+]
China 4.04 Jun/15 4.10 4.30 3.90 percent [+]
Euro Area 11.10 Jun/15 11.10 12.10 7.20 percent [+]
France 10.30 Mar/15 10.40 10.80 7.20 percent [+]
Germany 4.70 Jun/15 4.70 14.20 0.40 percent [+]
India 4.90 Dec/13 5.20 9.40 4.90 percent [+]
Indonesia 5.81 Mar/15 5.94 11.24 2.00 percent [+]
Italy 12.70 Jun/15 12.50 13.00 5.80 percent [+]
Japan 3.40 Jun/15 3.30 5.60 1.00 percent [+]
Mexico 4.41 Jun/15 4.45 5.93 2.22 percent [+]
Netherlands 6.90 Jun/15 6.90 7.90 3.60 percent [+]
Russia 5.40 Jun/15 5.60 14.10 4.80 percent [+]
South Korea 3.90 Jun/15 3.90 7.10 2.90 percent [+]
Spain 22.37 Jun/15 23.78 26.94 4.41 percent [+]
Switzerland 3.10 Jun/15 3.20 5.40 1.60 percent [+]
Turkey 9.60 Apr/15 10.60 14.80 7.30 percent [+]
United Kingdom 5.60 May/15 5.50 12.00 3.40 percent [+]
United States 5.30 Jun/15 5.50 10.80 2.50 percent [+]