The number of people registered as unemployed in Portugal increased by 4,138, or 1.2 percent, to 339 thousand in December 2018 from 335 thousand in the previous month. Unemployment Change in Portugal averaged -332.81 from 2003 until 2018, reaching an all time high of 35638 in January of 2010 and a record low of -31613 in May of 2014.
Unemployment Change in Portugal is expected to be -12100.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Change in Portugal to stand at -3400.00 in 12 months time. In the long-term, the Portugal Registered Unemployment Change is projected to trend around -1800.00 in 2020, according to our econometric models.