Portugal Unemployment Rate  1983-2017 | Data | Chart | Calendar | Forecast

Portuguese jobless rate came in at 10.5 percent in the fourth quarter of 2016, unchanged from the previous period's seven-year low and down from 12.2 percent a year earlier. The number of unemployed fell 1.2 percent on quarter to 543.2 thousand and the employment level declined 0.4 percent to 4.64 million people. Also, the total workforce fell to 5.19 million from 5.21 million people in the previous period. Meanwhile, youth unemployment rate rose 1.6 percentage points to 27.7 percent. The average annual jobless rate in 2016 was recorded at 11.1 percent compared with 12.4 percent in 2015, as the number of unemployed dropped 11.4 percent while employed population increased 1.2 percent. Unemployment Rate in Portugal averaged 7.80 percent from 1983 until 2016, 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.

Portugal Unemployment Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-08-10 10:00 AM Q2 10.8% 12.4% 11.1%
2016-11-09 11:00 AM Q3 10.5% 10.8% 11.1%
2017-02-08 11:00 AM Q4 10.5% 10.5% 10.4%
2017-05-10 10:00 AM Q1 10.5% 10.9%
2017-08-10 10:00 AM Q2 10.4%
2017-11-09 11:00 AM Q3 10.2%




Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.50 10.50 17.50 3.70 percent [+]
Employed Persons 4557.80 4566.70 5007.40 4215.20 Thousand [+]
Unemployed Persons 533.10 529.10 927.70 174.60 Thousand [+]
Part Time Employment 553.50 555.50 678.90 541.70 Thousand [+]
Full Time Employment 4090.10 4106.00 4516.50 3725.70 Thousand [+]
Employment Rate 52.40 52.60 59.20 48.80 percent [+]
Labor Force Participation Rate 58.60 58.80 62.50 58.10 percent [+]
Long Term Unemployment Rate 6.10 6.20 9.40 1.40 percent [+]
Youth Unemployment Rate 25.70 26.40 40.70 11.10 percent [+]
Labour Costs 102.10 93.80 112.40 63.20 Index Points [+]
Job Vacancies 11226.00 5966.00 17645.00 1083.00 [+]
Wages 1130.37 1140.37 1142.59 809.34 EUR/Month [+]
Wage Growth 3.20 3.20 7.00 -10.30 percent [+]
Wages in Manufacturing 95.17 123.00 133.70 85.38 Index Points [+]
Minimum Wages 649.83 618.33 649.83 356.72 EUR/Month [+]
Population 10.34 10.37 10.57 8.62 Million [+]
Retirement Age Women 66.25 66.17 66.25 65.00 [+]
Retirement Age Men 66.25 66.17 66.25 65.00 [+]
Living Wage Family 764.90 718.60 764.90 694.10 EUR/Month [+]
Living Wage Individual 626.40 588.30 626.40 567.20 EUR/Month [+]
Productivity 103.70 112.30 112.30 77.90 Index points [+]
Wages Low Skilled 663.00 606.00 663.00 540.00 EUR/Month [+]
Wages High Skilled 1310.00 1340.00 1390.00 1120.00 EUR/Month [+]
Employment Change 1.30 0.40 1.40 -3.00 percent [+]



Portugal Unemployment Rate Notes

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. Portugal Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
10.50 10.50 17.50 3.70 1983 - 2016 percent Quarterly
NSA



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