JULY 13 More information is available at: Monthly employment and unemployment estimates – June 2022 (29 July 2022) In May 2022: • The inactive population (2,477.5 thousand) recorded increases of 0.1% compared to the previous month and three months earlier, but a decrease of 2.3% compared to May 2021; • The active population (5,182.9 thousand people) decreased by 0.1% compared to April and February, and increased by 0.8% compared to May 2021; • The employed population (4,872.2 thousand) decreased in comparison with the previous month (0.1%) and three months earlier (0.3%), and increased when compared with the same month of 2021 (1.9%); • The unemployed population (310.7 thousand) increased by 0.9% compared to April and 3.3% compared to February, having decreased by 13.1% compared to May 2021; • The unemployment rate was 6.0%, up 0.1 p.p. on the previous month and 0.2 p.p. more than in February, but down by 1.0 p.p. from a year earlier; • The labour underutilisation rate stood at 11.5%, as in the previous month, 0.2 p.p. higher than in February and 1.2 p.p. lower than in the same month of 2021. Labour underutilisation rate (seasonally adjusted data) 11.6% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% Jun‐13 Jun‐14 Jun‐15 Jun‐16 Jun‐17 Jun‐18 Jun‐19 Jun‐20 Jun‐21 Jun‐22 (p) (p) Provisional estimate Unemployment* rate in the youth and adult population May and June 2022 18.5% 5.2% 19.3% 5.2% Youth population Adult population May‐22 Jun‐22 * Values for the most recent month are provisional.
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