Labor Force Participation Rate in Portugal decreased to 56.30 percent in the second quarter of 2020 from 58.60 percent in the first quarter of 2020.

Labor Force Participation Rate in Portugal averaged 60.50 percent from 1998 until 2020, reaching an all time high of 62.50 percent in the third quarter of 2007 and a record low of 56.30 percent in the second quarter of 2020. This page provides - Portugal Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Labor Force Participation Rate - values, historical data and charts - was last updated on October of 2020.

Labor Force Participation Rate in Portugal is expected to be 59.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Portugal to stand at 59.40 in 12 months time. In the long-term, the Portugal Labor Force Participation Rate is projected to trend around 59.50 percent in 2021, according to our econometric models.

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Portugal Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
56.30 58.60 62.50 56.30 1998 - 2020 percent Quarterly

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 9169.00 9345.00 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 Labor Force Participation Rate
The labour force participation rate is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.