Employment Statistics, 3Q 2014, INE

Page created: Wednesday, 5 November 2014 11:37GMT | Updated: Wednesday, 5 November 2014 12:01GMT

Press Release:  05 November 2014 - 10 Page(s)
Thematic:
Tags:
Employment  Unemployment

The unemployment rate estimated for the 3rd quarter of 2014 was 13.1%. This value is down 0.8 percentage points (p.p.) from the previous quarter and 2.4 p.p. from the same quarter of 2013.

There were 688.9 thousand unemployed people, which corresponds to a quarterly decrease of 5.5% and to a year-on-year decrease of 16.0% (less 40.0 thousand and less 131.0 thousand people, respectively).

There were 4 565.1 thousand employed people, which corresponds to a quarterly increase of 1.1% (more 50.5 thousand people) and to a year-on-year increase of 2.1% (more 95.7 thousand people).
The participation rate of the working age population stood at 59.2%, up 0.2 p.p. from the previous quarter and down 0.2 p.p. from the same quarter of 2013.



Original title:  The unemployment rate estimate was 13.1% - 3rd Quarter 2014