Employment Rate in Portugal decreased to 53.20 percent in the second quarter of 2020 from 54.70 percent in the first quarter of 2020.

Employment Rate in Portugal averaged 55.33 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 September of 2020.

Employment Rate in Portugal is expected to be 52.50 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 53.00 in 12 months time. In the long-term, the Portugal Employment Rate is projected to trend around 53.80 percent in 2021 and 54.50 percent in 2022, according to our econometric models.

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Portugal Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
53.20 54.70 59.20 48.80 1998 - 2020 percent Quarterly

Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.60 6.70 17.50 3.70 percent [+]
Employed Persons 4706.00 4693.50 5007.40 4215.20 Thousand [+]
Unemployed Persons 388.80 331.20 927.70 174.60 Thousand [+]
Part Time Employment 456.10 485.10 678.90 456.10 Thousand [+]
Full Time Employment 4275.10 4380.80 4516.50 3725.70 Thousand [+]
Employment Rate 53.20 54.70 59.20 48.80 percent [+]
Labor Force Participation Rate 56.30 58.60 62.50 56.30 percent [+]
Long Term Unemployment Rate 1.70 2.50 9.40 1.40 percent [+]
Youth Unemployment Rate 26.30 27.40 41.40 11.10 percent [+]
Labour Costs 118.10 99.20 118.10 62.10 points [+]
Job Vacancies 9169.00 9345.00 17645.00 1083.00 [+]
Wages 1188.06 1170.63 1188.06 809.34 EUR/Month [+]
Wages in Manufacturing 135.47 119.96 149.34 85.00 points [+]
Wage Growth -7.50 -9.00 8.50 -12.80 percent [+]
Minimum Wages 740.83 740.83 740.83 356.72 EUR/Month [+]
Population 10.28 10.29 10.57 8.62 Million [+]
Retirement Age Women 66.42 66.42 66.42 65.00 [+]
Retirement Age Men 66.42 66.42 66.42 65.00 [+]
Unemployment Change 2029.00 637.00 48562.00 -31613.00 [+]
Productivity 113.00 104.20 113.00 77.80 points [+]
Employment Change -3.40 -0.50 1.30 -3.40 percent [+]


Portugal Employment Rate
In Portugal, the employment rate measures the number of people who have a job as a percentage of the working age population.