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

Unemployment Rate in Portugal increased to 13.50 percent in the fourth quarter of 2014 from 13.10 percent in the third quarter of 2014. Unemployment Rate in Portugal averaged 7.56 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
13.50 13.10 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 Saturday, March 28, 2015.


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.

In the fourth quarter of 2014, there were 698.3 thousand unemployed people, up 1.4 percent over the previous quarter. Youth unemployment rate rose to 34 percent from 32.2 percent in the previous three months.

Meanwhile, employment fell 1.6 percent to 4 491.6 thousand, affecting mostly men (-2.2 percent) and people aged 65 and over (-12.8 percent).

The labour force decreased by 64.2 thousand people and the participation rate stood at 58.5 percent, down 0.7 p.p. from the previous quarter.

In 2014, unemployment stood at 13.9 percent, down by 2.3 percent from 2013. There were 726.0 thousand unemployed people, down 15.1 percent from the previous year while employment rose 1.6 percent to 4 499.5 thousand. In 2014, active population decreased by 59 thousand. 

INE | Joana Taborda | joana.taborda@tradingeconomics.com
2/4/2015 12:27:42 PM


Recent Releases

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


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-08-05 11:00 AM
Unemployment Rate  Q2
13.9% 15.1% 14.2%
2014-11-05 11:00 AM
Unemployment Rate  Q3
13.1% 13.9% 13.5%
2015-02-04 11:00 AM
Unemployment Rate  Q4
13.5% 13.1% 12.7%
2015-05-08 11:00 AM
Unemployment Rate  Q1
13.5% 12.6%
2015-08-05 11:00 AM
Unemployment Rate  Q2
12.1%
2015-11-05 11:00 AM
Unemployment Rate  Q3
11.6%


Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 13.50 13.10 17.50 3.70 percent [+]
Employed Persons 4418.90 4398.70 5007.40 4215.20 Thousand [+]
Unemployed Persons 694.90 706.20 927.70 174.60 Thousand [+]
Job Vacancies 15839.00 10614.00 16319.00 1083.00 [+]
Long Term Unemployment Rate 8.00 8.80 9.50 1.20 percent [+]
Youth Unemployment Rate 33.60 33.80 41.00 11.10 percent [+]
Labor Force Participation Rate 58.50 59.20 62.50 58.50 percent [+]
Wages 1142.59 1134.44 1142.59 809.34 EUR [+]
Wages in Manufacturing 88.67 115.83 133.70 85.38 Index Points [+]
Labour Costs 116.90 104.50 140.40 64.20 Index Points [+]
Population 10.43 10.49 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 589.17 565.83 589.17 356.70 EUR [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.30 Feb/15 6.40 10.90 4.00 percent [+]
Brazil 5.90 Feb/15 5.30 13.10 4.30 percent [+]
Canada 6.80 Feb/15 6.60 13.10 2.90 percent [+]
China 4.10 Dec/14 4.10 4.30 3.90 percent [+]
Euro Area 11.20 Jan/15 11.30 12.00 7.20 percent [+]
France 10.40 Nov/14 10.30 10.80 7.20 percent [+]
Germany 4.70 Jan/15 4.80 14.20 0.40 percent [+]
India 4.90 Dec/13 5.20 9.40 4.90 percent [+]
Indonesia 5.94 Aug/14 5.70 11.24 2.00 percent [+]
Italy 12.60 Jan/15 12.70 13.30 5.90 percent [+]
Japan 3.50 Feb/15 3.60 5.60 1.00 percent [+]
Mexico 4.33 Feb/15 4.51 5.93 2.22 percent [+]
Netherlands 7.10 Feb/15 7.20 8.80 3.40 percent [+]
Russia 5.80 Feb/15 5.50 14.10 4.80 percent [+]
South Korea 3.90 Feb/15 3.40 7.10 2.90 percent [+]
Spain 23.70 Nov/14 23.67 26.94 4.41 percent [+]
Switzerland 3.50 Feb/15 3.50 5.40 1.60 percent [+]
Turkey 10.90 Dec/14 10.70 16.10 8.00 percent [+]
United Kingdom 5.70 Jan/15 5.70 12.00 3.40 percent [+]
United States 5.50 Feb/15 5.70 10.80 2.50 percent [+]