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

Youth Unemployment Rate in Portugal increased to 28.40 percent in November from 27.80 percent in October of 2016. Youth Unemployment Rate in Portugal averaged 20.66 percent from 1983 until 2016, reaching an all time high of 40.60 percent in February of 2013 and a record low of 11.10 percent in March of 1991.

Portugal Youth Unemployment Rate
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Portuguese Jobless Rate Falls to Nearly 7-Year Low in Q3


Portuguese unemployment rate declined to 10.5 percent in the third quarter of 2016 from 10.8 percent in the previous period. It was the lowest level since the last quarter of 2009, as the number of unemployed fell 1.8 percent while employment rose 1.3 percent. A year ago the unemployment rate was recorded at 11.9 percent.

The number of unemployed declined by 9.8 thousand, or 1.8 percent, to 549.5 thousand people. Unemployment decreased mostly for: men (-7.9 thousand); people aged 45 and over (-9 thousand) and aged 25 to 34 (-8.9 thousand); having completed the upper secondary and post-secondary non-tertiary education (-9.4 thousand); looking for a new job (-6.4 thousand), having been formerly in the services sector (-16.8 thousand); and seeking a job for 12 months or longer (-11.5 thousand).
Youth unemployment rate (aged 15 to 24) dropped to 26.1 percent from 26.9 percent in the previous three months and 30.8 percent a year earlier. The unemployment among young adults (aged 25 to 34) fell to 11.5 percent from 12.4 percent in the second quarter and 12.3 percent a year ago.

The number of employed people rose by 59 thousand, or 1.3 percent, to 4,661.5 thousand people, slowing from a 2 percent growth recorded in the second quarter. Employment increased mainly in services (+30.3 thousand), followed by industry (+15.7 thousand) and agriculture (+13 thousand).
The employment rate stood at 52.6 percent compared to 51.9 percent in the previous quarter and 51.6 percent in the same quarter of 2015.

The participation rate of the working age population stood at 58.8 percent compared to 58.3 percent in the previous quarter and 58.6 percent in the same quarter of 2015.

Year-on-year, the number of unemployed went down by 69.3 thousand people, or 11.2 percent, while the number of employed people rose by 86.2 thousand, or 1.9 percent.  

INE | Joana Ferreira | joana.ferreira@tradingeconomics.com
11/9/2016 11:34:18 AM



Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.50 10.80 17.50 3.70 percent [+]
Employed Persons 4570.50 4587.00 5007.40 4215.20 Thousand [+]
Unemployed Persons 538.80 549.50 927.70 174.60 Thousand [+]
Part Time Employment 555.50 547.20 678.90 541.70 Thousand [+]
Full Time Employment 4106.00 4055.40 4516.50 3725.70 Thousand [+]
Employment Rate 52.60 51.90 59.20 48.80 percent [+]
Labor Force Participation Rate 58.80 58.30 62.50 58.10 percent [+]
Long Term Unemployment Rate 6.20 6.70 9.40 1.40 percent [+]
Youth Unemployment Rate 28.40 27.80 40.60 11.10 percent [+]
Labour Costs 94.00 98.00 112.40 63.20 Index Points [+]
Job Vacancies 9445.00 11158.00 17645.00 1083.00 [+]
Wages 1130.37 1140.37 1142.59 809.34 EUR/Month [+]
Wages in Manufacturing 118.32 95.44 133.70 85.38 Index Points [+]
Wage Growth 2.30 2.50 7.00 -10.30 percent [+]
Minimum Wages 649.83 618.33 649.83 356.72 EUR/Month [+]
Population 10.37 10.43 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 [+]
Living Wage Family 1020.00 1040.00 1110.00 1020.00 EUR/Month [+]
Living Wage Individual 565.00 577.00 600.00 565.00 EUR/Month [+]
Productivity 112.30 103.40 112.30 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 Youth Unemployment Rate Notes

This page provides the latest reported value for - Portugal Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Portugal Youth Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
28.40 27.80 40.60 11.10 1983 - 2016 percent Monthly
SA



Last
South Africa 54.20 Sep/16
Spain 44.40 Nov/16
Greece 44.20 Oct/16
Palestine 42.60 Jun/16
Italy 39.40 Nov/16
Serbia 36.10 Jun/16
Georgia 32.00 Dec/15
Croatia 30.10 Sep/16
Algeria 29.90 Dec/15
Cyprus 29.90 Sep/16
Cape Verde 28.60 Dec/15
Portugal 28.40 Nov/16
Iran 27.80 Jun/16
Albania 27.40 Sep/16
Jamaica 27.40 Sep/16
France 25.90 Nov/16
Nigeria 25.00 Sep/16
Bulgaria 22.00 Nov/16
Morocco 21.80 Sep/16
Sri Lanka 21.60 Sep/16
Euro Area 21.20 Nov/16
Slovakia 20.90 Nov/16
Belgium 20.70 Sep/16
Romania 20.30 Sep/16
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Turkey 19.90 Sep/16
Luxembourg 19.10 Nov/16
European Union 18.80 Nov/16
Poland 18.10 Nov/16
Latvia 17.80 Nov/16
Sweden 17.70 Nov/16
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El Salvador 15.00 Dec/14
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Lithuania 12.80 Nov/16
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Canada 12.60 Dec/16
Estonia 12.40 Oct/16
Taiwan 12.31 Nov/16
Hungary 12.00 Oct/16
New Zealand 11.10 Sep/16
Czech Republic 10.60 Nov/16
Norway 10.50 Oct/16
Austria 10.40 Nov/16
Netherlands 10.30 Nov/16
United States 10.00 Dec/16
Moldova 8.90 Sep/16
South Korea 8.40 Dec/16
Vietnam 7.10 Jun/16
Germany 6.70 Nov/16
Iceland 6.70 Nov/16
Hong Kong 6.10 Nov/16
Thailand 5.30 Nov/16
Japan 4.30 Nov/16
Kazakhstan 3.90 Sep/16