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

Portuguese jobless rate declined to 11.9 percent in the second quarter of 2015 from 13.7 percent reported in the previous period as the number of unemployed decreased 13 percent and employed grew 2.3 percent. It was the lowest value since the fourth quarter of 2010. 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 13.70 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 Saturday, August 29, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
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 11.9% 13.7% 13.9%
2015-11-05 11:00 AM Q3 11.9% 12.2%


Portuguese Unemployment Rate Lowest Since Q4 of 2010


Portuguese jobless rate declined to 11.9 percent in the second quarter of 2015 from 13.7 percent reported in the previous period as the number of unemployed decreased by 13 percent and employment grew by 2.3 percent.

In the second quarter of 2015, there were 620.4 thousand unemployed people. On a quarterly basis, unemployment decrease came mostly from: women (-17.6 percent); people aged 35 to 44 (-15.2 percent); having completed the first or second stages of basic education (-12.6 percent); seeking a new job (-13.5 percent), who were formerly in the services sector (-14.6 percent); and long term unemployment (-13.7 percent). Youth unemployment rate fell to 29.8 percent from 34.4 percent in the previous three months.

Meanwhile, employment increased to 4,580.8 thousand compared to the previous quarter, affecting mostly: women (+3.2 percent); people aged 45 to 64 (+2.8 percent); having completed the first and second stages of basic education (+2.4 percent); and the (upper) secondary and post-secondary non-tertiary education (+3.9 percent); employed in the services sector (+1.9 percent); as employees (+2.3 percent); and working full-time (+2.9 percent). While employment rate for males was 56.3 percent, for females was 47.6 percent (1.8 p.p. lower).

The participation rate increased slightly to 58.6 percent, up 0.1 p.p. from the previous quarter, and down 0.4 p.p. from the same quarter of last year.

Year-on-year, unemployment rate decreased 2 p.p., as the number of unemployed went down by 14.9 percent and the number of employed people rose 1.5 percent. 

INE | joana.ferreira@tradingeconomics.com
8/5/2015 11:43:49 AM


Recent Releases

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.
Published on 2015-05-06

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 Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.90 13.70 17.50 3.70 percent [+]
Employed Persons 4520.20 4510.40 5007.40 4215.20 Thousand [+]
Unemployed Persons 615.30 620.40 927.70 174.60 Thousand [+]
Job Vacancies 16168.00 16597.00 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 58.60 58.50 62.50 58.50 percent [+]
Wages 1124.49 1120.40 1142.59 809.34 EUR/Month [+]
Wages in Manufacturing 100.57 94.69 133.70 85.38 Index Points [+]
Labour Costs 92.90 99.80 112.30 63.30 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 [+]
Full Time Employment 4008.80 3896.10 4516.50 3725.70 Thousand Persons [+]
Minimum Wages 589.17 565.83 589.17 356.72 EUR/Month [+]
Part Time Employment 572.00 581.00 678.90 561.60 Thousand Persons [+]
Productivity 99.60 101.10 111.00 77.90 Index points [+]
Wage Growth 1.00 2.60 7.00 -10.30 percent [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.30 Jul/15 6.00 10.90 4.00 percent [+]
Brazil 7.50 Jul/15 6.90 13.10 4.30 percent [+]
Canada 6.80 Jul/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 3.30 Jul/15 3.40 5.60 1.00 percent [+]
Mexico 4.72 Jul/15 4.41 5.93 2.22 percent [+]
Netherlands 6.80 Jul/15 6.90 7.90 3.60 percent [+]
Russia 5.30 Jul/15 5.40 14.10 4.80 percent [+]
South Korea 3.70 Jul/15 3.90 7.10 2.90 percent [+]
Spain 22.37 Jun/15 23.78 26.94 4.41 percent [+]
Switzerland 3.10 Jul/15 3.10 5.40 1.60 percent [+]
Turkey 9.30 May/15 9.60 14.80 7.30 percent [+]
United Kingdom 5.60 Jun/15 5.60 12.00 3.40 percent [+]
United States 5.30 Jul/15 5.30 10.80 2.50 percent [+]