Monthly Statistical Bulletin, July 2022

2022 Edition 12 MONTHLY STATISTICAL BULLETIN In June, the unemployment rate stood at 6.1%, and the labour underutilisation rate at 11.6% The monthly estimates presented correspond to moving quarters, with the reference month being the central month of each of these quarters. Thus, the provisional estimates for June comprise May, June, and July, while the definitive estimates for May include April, May, and June. The estimates are calculated considering the population aged 15 to 74 years and the values are seasonally adjusted. In June 2022 (provisional results): • The inactive population (2,490.9 thousand people) registered increases of 0.5% and 0.9% compared to the previous month and three months before, respectively, but a decrease of 1.0% compared with a year before; • The active population (5,169.2 thousand) decreased by 0.3% compared to the previous month and 0.4% compared to March 2022 but increased by 0.2% when compared to the June 2021 estimate; • The employed population (4,855.5 thousand people) decreased by 0.3% and 0.6% compared with the previous month and three months earlier, respectively, but increased by 0.8% compared with the same month in 2021; • The unemployed population (313.7 thousand) increased by 1.0% and 2.2% compared to the previous month and three months earlier, respectively; however, it decreased by 8.8% compared with June 2021; • The unemployment rate stood at 6.1%, i.e., 0.1 p.p. higher than in the previous month and 0.2 p.p. above the rate in March 2022, but 0.6 p.p. lower than a year earlier; • The labour underutilisation rate stood at 11.6%, up 0.1 p.p. on the previous month and 0.2 p.p. more than three months earlier, but 0.9 p.p. below the rate registered in the same month of 2021. Unemployment rate (seasonally adjusted data) 6,1% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% 18.0% 20.0% Jun‐13 Jun‐14 Jun‐15 Jun‐16 Jun‐17 Jun‐18 Jun‐19 Jun‐20 Jun‐21 Jun‐22 (p) (p) Provisional estimate

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