Employment Rate in Portugal decreased to 54.70 percent in the first quarter of 2020 from 55.30 percent in the fourth quarter of 2019.
Employment Rate in Portugal averaged 55.35 percent from 1998 until 2020, reaching an all time high of 59.20 percent in the second quarter of 2002 and a record low of 48.80 percent in the first quarter of 2013. This page provides - Portugal Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Employment Rate - values, historical data and charts - was last updated on June of 2020.
Employment Rate in Portugal is expected to be 55.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Portugal to stand at 55.70 in 12 months time. In the long-term, the Portugal Employment Rate is projected to trend around 55.70 percent in 2021 and 55.90 percent in 2022, according to our econometric models.