The number of unemployed persons in Portugal decreased to 311.40 Thousand in August of 2019 from 319.30 Thousand in July of 2019. Unemployed Persons in Portugal averaged 460.45 Thousand from 1983 until 2019, reaching an all time high of 927.70 Thousand in January of 2013 and a record low of 174.60 Thousand in May of 1991.
Unemployed Persons in Portugal is expected to be 306.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Portugal to stand at 291.00 in 12 months time. In the long-term, the Portugal Unemployed Persons is projected to trend around 260.00 Thousand in 2020, according to our econometric models.