The number of people registered as unemployed in Portugal increased by 5,942, or 2 percent, to 305.96 thousand in November 2019 from 300.02 thousand in the previous month. Unemployment Change in Portugal averaged -478.42 from 2003 until 2019, reaching an all time high of 35638 in January of 2010 and a record low of -31613 in May of 2014.
Unemployment Change in Portugal is expected to be -7800.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Change in Portugal to stand at -2600.00 in 12 months time. In the long-term, the Portugal Registered Unemployment Change is projected to trend around -1800.00 in 2020, according to our econometric models.