JANUARY 2022 25 MONTHLY STATISTICAL BULLETIN In December, the unemployment rate stood at 5.9% and the labour underutilisation rate at 11.7% The monthly estimates presented correspond to moving quarters, whose reference month is the central month of each of these quarters. Thus, the definitive estimates for November include October, November, and December, while the provisional estimates for December comprise November, December, and January. The estimates are calculated considering the population aged 15 to 74 years and the values are seasonally adjusted. In December 2021 (provisional results): • The employed population increased by 0.3% compared to the previous month and 3.7% when compared to the same month in 2020; • The unemployed population decreased by 6.6% compared to November 2021 and 12.3% compared to December 2020; • The unemployment rate stood at 5.9%, down by 0.4 percentage points (p.p.) on the previous month and 1.0 p.p. less than a year earlier; • The labour underutilisation rate stood at 11.7%, the same as in the previous month and 2.0 p.p. less than in the same month of the previous year. (p) Provisional estimate (p) (p) Unemployment rate (seasonally adjusted values) (p) Provisional estimate Work underutilisation rate (seasonally adjusted values) In November 2021: • The employed population increased by 0.3% compared to the previous month and 3.1% compared to the same month in 2020; • The unemployed population decreased by 1.2% compared to the previous month and 11.5% compared to November 2020, remaining virtually unchanged from August; • The unemployment rate stood at 6.3% (0.1 p.p. less than in the previous month and 0.9 p.p. less than in November 2020); 5.9% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% 18.0% 20.0% Dec-12 Dec-13 Dec-14 Dec-15 Dec-16 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 11.7% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% Dec-12 Dec-13 Dec-14 Dec-15 Dec-16 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
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