Youth Unemployment Rate in Portugal decreased to 26.30 percent in July from 27.40 percent in June of 2020.

Youth Unemployment Rate in Portugal averaged 20.70 percent from 1983 until 2020, reaching an all time high of 41.40 percent in February of 2013 and a record low of 11.10 percent in March of 1991. 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 - values, historical data and charts - was last updated on October of 2020.

Youth Unemployment Rate in Portugal is expected to be 29.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Portugal to stand at 27.60 in 12 months time. In the long-term, the Portugal Youth Unemployment Rate is projected to trend around 27.20 percent in 2021 and 26.20 percent in 2022, according to our econometric models.

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Portugal Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
26.30 27.40 41.40 11.10 1983 - 2020 percent Monthly
SA

Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.60 6.70 17.50 3.70 percent [+]
Employed Persons 4737.40 4706.00 5007.40 4215.20 Thousand [+]
Unemployed Persons 406.80 388.80 927.70 174.60 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 11806.00 6971.00 17645.00 1083.00 [+]
Wages 1188.06 1170.63 1188.06 809.34 EUR/Month [+]
Wages in Manufacturing 122.76 135.47 149.34 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 [+]