Monthly Statistical Bulletin, May 2022

2022 Edition 8 MONTHLY STATISTICAL BULLETIN The unemployment rate decreased to 5.9% in the 1st quarter of 2022 Unemployment rate Unemployment rate by NUTS II region, 1st quarter of 2022 In the 1st quarter of 2022: • The unemployed population, estimated at 308,400 people: » It decreased by 6.7% (22 thousand) compared to the previous quarter; » It decreased by 14.3% (51.7 thousand) compared to the 1st quarter of 2021, mostly due to the contributions of new job seekers and those unemployed for less than 12 months; • The unemployment rate was estimated at 5.9%, which stands for: » 0.4 p.p. less than in the previous quarter; » 1.2 p.p. less than in the same period of 2021; • The unemployment rate was higher than the national average in four of the NUTS II regions: Região Autónoma dos Açores, Algarve, Área Metropolitana de Lisboa, and Região Autónoma da Madeira; 5.9% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% 18.0% 20.0% 1Q2013 1Q2014 1Q2015 1Q2016 1Q2017 1Q2018 1Q2019 1Q2020 1Q2021 1Q2022 7.5% 7.0% 6.8% 6.6% 5.9% 5.4% 5.4% 5.1% Região Autónoma da Madeira Algarve Área Metropolitana de Lisboa Região Autónoma dos Açores Portugal Centro Norte Alentejo

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