Long Term Unemployment Rate In the Euro Area decreased to 2.70 percent in the second quarter of 2022 from 2.90 percent in the first quarter of 2022. source: EUROSTAT

Long Term Unemployment Rate in the Euro Area averaged 4.23 percent from 1997 until 2022, reaching an all time high of 6.30 percent in the first quarter of 2014 and a record low of 2.40 percent in the second quarter of 2020. This page provides the latest reported value for - Euro Area Long Term Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Long Term Unemployment Rate - values, historical data and charts - was last updated on December of 2022.

Long Term Unemployment Rate in Euro Area is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Long Term Unemployment Rate is projected to trend around 3.60 percent in 2023 and 3.40 percent in 2024, according to our econometric models.

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Euro Area Long Term Unemployment Rate



Related Last Previous Unit Reference
Unemployment Rate 6.50 6.60 percent Oct 2022
Unemployed Persons 10872.00 11014.00 Thousand Oct 2022
Long Term Unemployment Rate 2.70 2.90 percent Jun 2022
Youth Unemployment Rate 15.00 15.20 percent Oct 2022
Productivity 103.92 103.98 points Jun 2022
Labour Costs 119.20 108.70 points Jun 2022
Wages 2031.00 2000.00 EUR/Month Jun 2022
Wage Growth 4.10 3.70 percent Jun 2022
Population 342.56 342.41 Million Dec 2021
Employment Change 0.20 0.40 percent Sep 2022
Part Time Employment 31480.30 31038.00 Thousand Jun 2022
Labor Force Participation Rate 74.70 74.20 percent Jun 2022
Full Time Employment 119698.70 118014.70 Thousand Jun 2022

Euro Area Long Term Unemployment Rate
In the Euro Area, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.
Actual Previous Highest Lowest Dates Unit Frequency
2.70 2.90 6.30 2.40 1997 - 2022 percent Quarterly
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