Portugal Unemployment Rate  1983-2016 | Data | Chart | Calendar | Forecast

Portuguese unemployment rate remained unchanged at 11.9 percent in the third quarter of 2015, staying at its lowest level since the fourth quarter of 2010, as the number of unemployed went down by 0.3 percent while employment dropped by 0.1 percent. A year ago the unemployment rate was recorded at 13.1 percent. 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
11.90 11.90 17.50 3.70 1983 - 2015 percent Quarterly
NSA
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 February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-05-06 11:00 AM Q1 13.7% 13.5% 13.7%
2015-08-05 11:00 AM Q2 11.9% 13.7% 13.9%
2015-11-04 11:00 AM Q3 11.9% 11.9% 12.2%
2016-02-09 11:00 AM Q4 11.9% 12.1%
2016-05-06 10:00 AM Q1 12%
2016-08-05 10:00 AM Q2 11.2%

Portuguese Jobless Rate Flat at 11.9% in Q3


Portuguese unemployment rate remained unchanged at 11.9 percent in the third quarter of 2015, staying at its lowest level since the fourth quarter of 2010, as the number of unemployed went down by 0.3 percent while employment also dropped by 0.1 percent. A year ago the unemployment rate was recorded at 13.1 percent.

The unemployed population was estimated at 618.8 thousand people, corresponding to a quarterly decrease of 0.3 percent (less 1.6 thousand). Unemployment decrease came mostly from: men (-4.2 percent); people aged 25 or over (-2.9 percent); having completed the first or second stages of basic education (-6.3 percent); seeking a new job (-2.4 percent); and seeking a job for 12 months or longer (-1.6 percent). Youth unemployment rate rose to 30.8 percent from 29.8 percent in the previous three months.

The employed population was estimated at 4,575.3 thousand people, which corresponds to a quarterly decrease of 0.1 percent (less 5.5 thousand people), affecting mostly: women (-0.8 percent); people aged 25 or over (-0.6 percent); having completed the first and second stages of basic education (-1 percent); employed in the agriculture, forestry and fishing sector (-6.2 percent); as selfemployed workers (-3.6 percent); and working part-time (-4.5 percent).

The total workforce slipped to 5.19 million from 5.20 million people.

The participation rate was recorded at 58.6 percent, the same as in the previous quarter and down 0.6 p.p. from the same quarter of last year.

Year-on-year, the number of unemployed went down by 10.2 percent (less 70.1 thousand people) while the number of employed people rose only by 0.2 percent (more 10.2 thousand). 

INE | Joana Ferreira | joana.ferreira@tradingeconomics.com
11/4/2015 12:25:09 PM

Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.90 11.90 17.50 3.70 percent [+]
Employed Persons 4480.90 4479.10 5007.40 4215.20 Thousand [+]
Unemployed Persons 643.40 637.90 927.70 174.60 Thousand [+]
Part Time Employment 546.10 572.00 678.90 546.10 Thousand [+]
Full Time Employment 4029.30 4008.80 4516.50 3725.70 Thousand [+]
Employment Rate 51.60 51.70 59.20 48.80 percent [+]
Labor Force Participation Rate 58.60 58.60 62.50 58.50 percent [+]
Long Term Unemployment Rate 6.90 7.00 9.40 1.40 percent [+]
Youth Unemployment Rate 31.00 32.10 40.70 11.10 percent [+]
Labour Costs 91.50 97.80 112.40 63.20 Index Points [+]
Job Vacancies 13237.00 16166.00 17645.00 1083.00 [+]
Wages 1124.49 1120.40 1142.59 809.34 EUR/Month [+]
Wage Growth 0.60 1.10 7.00 -10.30 percent [+]
Wages in Manufacturing 112.52 91.80 133.70 85.38 Index Points [+]
Minimum Wages 618.00 589.17 589.17 356.72 EUR/Month [+]
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 [+]
Productivity 109.80 100.40 111.00 77.90 Index points [+]
Wages Low Skilled 550.00 550.00 550.00 540.00 EUR/Month [+]
Wages High Skilled 1100.00 1120.00 1200.00 1100.00 EUR/Month [+]




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