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

Unemployment Rate in Portugal decreased to 13.10 percent in the third quarter of 2014 from 13.90 percent in the second quarter of 2014. Unemployment Rate in Portugal averaged 7.51 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.

   
  Forecast  

Portugal Unemployment Rate


Actual Previous Highest Lowest Dates Unit Frequency
13.10 13.90 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, November 27, 2014.


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.

There were 688.9 thousand unemployed persons in the third quarter of 2014, a 5.5 percent decline from the previous quarter (less 40 thousand) and a 16 percent decrease when compared to a year earlier (less 131 thousand). 

Employment increased 1.1 percent quarterly to 4.56 million persons. Employment among those aged 15 to 24 years old rose 16.1 percent and jobs in the services sector increased 1.2 percent. Year-on-year, there were more 95.7 thousand employed people. 

The labour force participation rate stood at 59.2 percent, up 0.2 percentage point from the previous period, but down 0.2 percentage point from the same quarter of 2013. The male participation rate exceeded the women’s by 10.6 percentage point.

INE | Carolina Cunha | Carolina.cunha@tradingeconomics.com
11/5/2014 12:26:19 PM


Recent Releases

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


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-05-09 11:00 AM
Unemployment Rate  Q1 2014
15.1% 15.3% 15%
2014-08-05 11:00 AM
Unemployment Rate  Q2 2014
13.9% 15.1% 14.2%
2014-11-05 11:00 AM
Unemployment Rate  Q3 2014
13.1% 13.9% 13.5%
2015-02-04 11:00 AM
Unemployment Rate  Q4 2014
13.1% 12.71%


Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 13.10 13.90 17.50 3.70 percent [+]
Employed Persons 4565.10 4514.60 5228.10 4215.20 Thousand [+]
Unemployed Persons 688.90 728.90 952.20 174.60 Thousand [+]
Job Vacancies 16319.00 10402.00 16319.00 1083.00 [+]
Long Term Unemployment Rate 8.80 8.70 9.50 1.20 percent [+]
Youth Unemployment Rate 35.20 35.60 40.60 8.80 percent [+]
Labor Force Participation Rate 59.20 59.00 61.60 58.70 percent [+]
Wages 1142.59 1134.44 1142.59 809.34 EUR [+]
Wages in Manufacturing 88.96 97.57 132.63 84.12 Index Points [+]
Labour Costs 104.40 105.90 140.40 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 [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.20 Oct/14 6.20 10.90 4.00 percent [+]
Brazil 4.70 Oct/14 4.90 13.10 4.30 percent [+]
Canada 6.50 Oct/14 6.80 13.10 2.90 percent [+]
China 4.10 Sep/14 4.10 4.30 3.90 percent [+]
Euro Area 11.50 Sep/14 11.50 12.00 7.20 percent [+]
France 10.20 May/14 10.10 10.80 7.20 percent [+]
Germany 4.90 Oct/14 5.00 14.20 0.40 percent [+]
India 5.20 Dec/12 6.30 9.40 5.20 percent [+]
Indonesia 5.94 Aug/14 5.70 11.24 2.00 percent [+]
Italy 12.60 Sep/14 12.50 12.80 5.90 percent [+]
Japan 3.60 Sep/14 3.50 5.60 1.00 percent [+]
Mexico 4.78 Oct/14 5.08 5.93 2.22 percent [+]
Netherlands 8.00 Oct/14 8.00 8.80 3.40 percent [+]
Russia 5.10 Oct/14 4.90 14.10 4.80 percent [+]
South Korea 3.50 Oct/14 3.50 7.10 2.90 percent [+]
Spain 23.67 Aug/14 24.47 26.94 4.41 percent [+]
Switzerland 3.10 Oct/14 3.00 5.40 1.60 percent [+]
Turkey 10.10 Aug/14 9.80 16.10 8.00 percent [+]
United Kingdom 6.00 Sep/14 6.00 12.00 3.40 percent [+]
United States 5.80 Oct/14 5.90 10.80 2.50 percent [+]