Unemployment rate stood at 8.9% in July

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Page created: Wednesday, 11 October 2017 11:38 GMT | Updated: Wednesday, 11 October 2017 17:50 GMT

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Employment   Euro Zone  European Union  INE - Statistics Portugal  Portugal  Unemployment

Employment rate increased to 60.4% in July

  • The unemployment rate stood at 8.9% in July, which corresponds to the lowest value since November 2008. The employment rate rose to 60.4% in July 2017, up 0.3 pp from the previous month.

    According to the definitive estimate of INE – Statistics Portugal, the unemployment rate stood at 8.9% in July 2017, which represents a decrease of 0.2 compared with June. The unemployed population was 450 600 people, corresponding to a decrease of 8 900 people from the previous month. In comparison with the other European Union countries, Portugal recorded the seventh highest unemployment rate, above the European Union (7.6%) but below the Euro Zone average (9.1%).

    The employment rate rose to 60.4%, and the employed population was 4 702 900 people corresponding to an increase of 22 000 people in comparison with the previous month. In August, according to the INE – Statistics Portugal provisional estimate, the unemployment rate stabilized at 8.9%, despite the estimated increase in unemployed population to 461 400 people and the fall of employed population to 4 697 800 people.

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