MAY 2022 17 MONTHLY STATISTICAL BULLETIN 5.8% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% 18.0% Apr-13 Apr-14 Apr-15 Apr-16 Apr-17 Apr-18 Apr-19 Apr-20 Apr-21 Apr-22 11.2% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% Apr-13 Apr-14 Apr-15 Apr-16 Apr-17 Apr-18 Apr-19 Apr-20 Apr-21 Apr-22 In April, the unemployment rate stood at 5.8%, and the labour underutilisation rate at 11.2% The monthly estimates presented correspond to moving quarters, where the reference month is the central month of each of these quarters. Therefore, the definitive estimates for March include February, March, and April, while the provisional estimates for April comprise March, April, and May. The estimates are calculated considering the population aged 15 to 74 and the values are seasonally adjusted. In April 2022 (provisional results): • The employed population (4,882.7 thousand people) decreased by 0.1% compared with the previous month and increased by 3.5% compared with the same month of 2021; • The unemployed population (300.4 thousand) increased by 0.3% compared with the previous month and decreased by 14.7% compared with April 2021; • The unemployment rate stood at 5.8%, the same as the previous month and 1.1 p.p. less than a year before; • The labour underutilisation rate stood at 11.2%, the same value as in the previous month, and corresponded to a reduction of 1.8 p.p. compared with the same month in 2021. (p) (p) Unemployment rate (seasonally adjusted data) (p) Provisional estimate (p) Provisional estimate Labour underutilisation rate (seasonally adjusted data) In March 2022: • The employed population (4,889.2 thousand) remained virtually unchanged from the previous month and increased by 4.0% compared with the same month of 2021; • The unemployed population (294,400) increased by 2.1% compared to the previous month and decreased by 11.2% compared to March 2021; • The unemployment rate was 5.8%, i.e., 0.1 p.p. higher than in the previous month and 0.9 p.p. lower than a year earlier;
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