Portugal Unemployment Rate

Unemployment Rate in Portugal decreased to 15.10 percent in the first quarter of 2014 from 15.30 percent in the fourth quarter of 2013. Unemployment Rate in Portugal averaged 7.42 Percent from 1983 until 2014, reaching an all time high of 17.70 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.

   
 
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Portugal Unemployment Rate


Actual Previous Highest Lowest Dates Unit Frequency
15.10 15.30 17.70 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.


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.

There were 788.1 thousand unemployed people in the first quarter of 2014, 19.9 thousand less than in the previous quarter. The number of jobless workers from the industrial sector declined 7.9 percent while the unemployed in services fell 2.4 percent. 

Employment decreased 0.9 percent to 4426.9 thousand employed people, while labor force fell 1.2 percent from the previous quarter.

In the first three months of 2013, unemployment was recorded at 17.5 percent. 

INE | Joana Taborda | joana.taborda@tradingeconomics.com
5/12/2014 3:52:59 PM


Recent Releases

Portuguese Unemployment Falls for 3rd Straight Quarter
In the fourth quarter of 2013, Portugal’s jobless rate decreased for the third straight quarter to 15.3, from 15.6 percent in the previous three-month period. A year earlier, unemployment reached 16.9 percent. Published on 2014-02-05

Portugal Unemployment Rate Down to 15.6% in Q3
The unemployment rate estimated for the 3rd quarter of 2013 was 15.6 percent. This value is down 0.2 percentage points from the same quarter of 2012 and down 0.8 percentage points from the previous quarter. Published on 2013-11-07


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2013-08-07 11:00 AM Portugal
Unemployment Rate
Q2 2013 16.4% 17.7% 18.8%
2013-11-07 11:00 AM Portugal
Unemployment Rate
Q3 2013 15.6% 16.4% 16.1%
2014-02-05 11:00 AM Portugal
Unemployment Rate
Q4 2013 15.3% 15.6% 16.5%
2014-05-09 11:00 AM Portugal
Unemployment Rate
Q1 2014 15.1% 15.3% 15%
2014-08-05 11:00 AM Portugal
Unemployment Rate
Q2 2014 15.1% 14.2%


Labour Last Previous Highest Lowest Unit
Unemployment Rate 15.10 15.30 17.70 3.70 Percent [+]
Employed Persons 4426.90 4468.90 5228.10 4215.20 Thousand [+]
Unemployed Persons 788.10 808.00 952.20 174.60 Thousand [+]
Job Vacancies 15643.00 14123.00 15790.00 1083.00 [+]
Long Term Unemployment Rate 8.70 9.00 9.50 1.20 percent [+]
Youth Unemployment Rate 33.50 34.70 40.60 8.80 Percent [+]
Labor Force Participation Rate 58.70 59.30 61.60 58.70 Percent [+]
Wages 90.75 89.89 131.92 84.58 Index Points [+]
Wages in Manufacturing 91.59 91.32 132.63 84.12 Index Points [+]
Labour Costs 105.20 118.10 140.40 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 565.80 565.80 565.80 356.70 EUR [+]





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