Employment in Portugal decreased by 3.4 percent from the previous period in the second quarter of 2020.

Employment Change in Portugal averaged 0.06 percent from 1995 until 2020, reaching an all time high of 1.30 percent in the third quarter of 2014 and a record low of -3.40 percent in the second quarter of 2020. This page provides - Portugal Employment Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Employment Change - values, historical data and charts - was last updated on October of 2020.

Employment Change in Portugal is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Change in Portugal to stand at 0.40 in 12 months time. In the long-term, the Portugal Employment Change is projected to trend around 0.30 percent in 2021, according to our econometric models.

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Portugal Employment Change

Actual Previous Highest Lowest Dates Unit Frequency
-3.40 -0.50 1.30 -3.40 1995 - 2020 percent Quarterly
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 [+]


Portugal Employment Change
In Portugal, employment change refers to the quarterly change in the number of persons who work for pay or profit, or perform unpaid family work. Estimates include both full-time and part-time employment.