Long Term Unemployment Rate in Belgium increased to 2.80 percent in the first quarter of 2021 from 2.70 percent in the fourth quarter of 2020. source: EUROSTAT

Long Term Unemployment Rate in Belgium averaged 3.78 percent from 1992 until 2021, reaching an all time high of 5.70 percent in the second quarter of 1995 and a record low of 2 percent in the second quarter of 2020. This page provides - Belgium Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Long Term Unemployment Rate - values, historical data and charts - was last updated on September of 2021.

Long Term Unemployment Rate in Belgium is expected to be 2.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Long Term Unemployment Rate is projected to trend around 1.80 percent in 2022 and 1.70 percent in 2023, according to our econometric models.

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Belgium Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.80 2.70 5.70 2.00 1992 - 2021 percent Quarterly

Belgium Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.90 6.20 11.00 4.90 percent [+]
Employed Persons 4188.30 4157.60 4188.30 3010.70 Thousand [+]
Unemployed Persons 278789.00 281600.00 533460.00 278789.00 [+]
Labor Force Participation Rate 68.20 68.50 69.60 63.60 percent [+]
Long Term Unemployment Rate 2.80 2.70 5.70 2.00 percent [+]
Youth Unemployment Rate 17.10 17.10 26.00 12.10 percent [+]
Labour Costs 111.20 109.00 111.70 75.60 points [+]
Job Vacancies 172437.00 141565.00 172437.00 70256.00 [+]
Wage Growth 0.20 -1.40 6.80 -7.90 percent [+]
Minimum Wages 1625.72 1625.72 1625.72 1074.44 EUR/Month [+]
Population 11.52 11.46 11.52 9.13 Million [+]
Retirement Age Women 65.00 65.00 65.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 60.00 [+]
Full Time Employment 3621.30 3558.20 3621.30 2643.50 Thousand [+]
Part Time Employment 1147.10 1103.70 1203.30 602.20 Thousand [+]
Wages 3558.00 3489.00 3558.00 2238.00 EUR/Month [+]
Wages In Manufacturing 106.40 130.30 132.60 72.50 points [+]
Employment Change 0.70 0.07 1.80 -0.93 percent [+]
Employment Rate 63.60 64.50 65.80 55.70 percent [+]


Belgium Long Term Unemployment Rate
In Belgium, 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.