Long Term Unemployment Rate in Portugal increased to 2.90 percent in the second quarter of 2019 from 2.70 percent in the first quarter of 2019. Long Term Unemployment Rate in Portugal averaged 4.23 percent from 1992 until 2019, reaching an all time high of 9.40 percent in the first quarter of 2013 and a record low of 1.40 percent in the first quarter of 1992.

Long Term Unemployment Rate in Portugal is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Portugal to stand at 2.40 in 12 months time. In the long-term, the Portugal Long Term Unemployment Rate is projected to trend around 2.40 percent in 2020, according to our econometric models.

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Portugal Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.90 2.70 9.40 1.40 1992 - 2019 percent Quarterly


Portugal Long Term Unemployment Rate
In Portugal, 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.

Portugal Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.10 6.30 17.50 3.70 percent [+]
Employed Persons 4840.60 4869.40 5007.40 4215.20 Thousand [+]
Unemployed Persons 351.60 343.60 927.70 174.60 Thousand [+]
Part Time Employment 490.30 518.70 678.90 490.30 Thousand [+]
Full Time Employment 4457.50 4398.00 4516.50 3725.70 Thousand [+]
Employment Rate 55.80 55.50 59.20 48.80 percent [+]
Labor Force Participation Rate 59.50 59.20 62.50 58.10 percent [+]
Long Term Unemployment Rate 2.90 2.70 9.40 1.40 percent [+]
Youth Unemployment Rate 19.00 18.30 41.40 11.10 percent [+]
Labour Costs 97.80 103.90 112.50 63.20 points [+]
Job Vacancies 9020.00 11013.00 17645.00 1083.00 [+]
Wages 1170.63 1166.86 1170.63 809.34 EUR/Month [+]
Wages in Manufacturing 139.97 107.45 146.86 85.00 points [+]
Wage Growth 4.70 5.90 8.50 -10.10 percent [+]
Minimum Wages 700.00 700.00 700.00 356.72 EUR/Month [+]
Population 10.29 10.31 10.57 8.62 Million [+]
Retirement Age Women 66.42 66.33 66.42 65.00 [+]
Retirement Age Men 66.42 66.33 66.42 65.00 [+]
Unemployment Change -1263.00 -3048.00 35638.00 -31613.00 [+]
Wages Low Skilled 659.00 626.00 687.00 626.00 EUR/Month [+]
Wages High Skilled 1430.00 1340.00 1430.00 1340.00 EUR/Month [+]
Productivity 111.70 102.80 111.70 78.00 points [+]
Living Wage Family 990.00 960.00 990.00 800.00 EUR/Month [+]
Living Wage Individual 670.00 650.00 670.00 505.00 EUR/Month [+]
Employment Change 0.30 -0.30 1.30 -3.00 percent [+]