Employment Rate in Portugal decreased to 54.70 percent in the first quarter of 2020 from 55.30 percent in the fourth quarter of 2019.

Employment Rate in Portugal averaged 55.35 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 July of 2020.

Employment Rate in Portugal is expected to be 55.60 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 55.70 in 12 months time. In the long-term, the Portugal Employment Rate is projected to trend around 55.70 percent in 2021 and 55.90 percent in 2022, according to our econometric models.

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Portugal Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
54.70 55.30 59.20 48.80 1998 - 2020 percent Quarterly

Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.70 6.70 17.50 3.70 percent [+]
Employed Persons 4662.60 4750.90 5007.40 4215.20 Thousand [+]
Unemployed Persons 257.90 318.60 927.70 174.60 Thousand [+]
Part Time Employment 485.10 500.10 678.90 485.10 Thousand [+]
Full Time Employment 4380.80 4407.60 4516.50 3725.70 Thousand [+]
Employment Rate 54.70 55.30 59.20 48.80 percent [+]
Labor Force Participation Rate 58.60 59.30 62.50 58.10 percent [+]
Long Term Unemployment Rate 2.50 2.80 9.40 1.40 percent [+]
Youth Unemployment Rate 19.50 20.60 41.40 11.10 percent [+]
Labour Costs 98.30 111.20 112.40 62.10 points [+]
Job Vacancies 6971.00 3142.00 17645.00 1083.00 [+]
Wages 1188.06 1170.63 1188.06 809.34 EUR/Month [+]
Wages in Manufacturing 103.97 110.31 149.34 85.00 points [+]
Wage Growth 1.70 5.90 8.50 -10.10 percent [+]
Minimum Wages 740.83 700.00 740.83 356.72 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 16611.00 48562.00 48562.00 -31613.00 [+]
Productivity 104.10 103.80 104.10 77.80 points [+]
Employment Change -0.50 0.00 1.30 -3.00 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.