SYNTHESIS INE@COVID-19, 12 apr-2021

April . 12 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 6/20 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt Statistics Porugal carried out a simulation exercise for the estimates containing months of the previous data series, from February 2011 to January 2021, which consisted of moving people in that situation into inactivity. Although the impact on the level of the employed population (and the inactive population) is significant, albeit decreasing since 2011, the temporal dynamics of this indicator, as well as of the unemployment rate and the labour underutilisation rate are not very different from those already known. Results of the simulation exercise With regard to the (provisional) figures published for January 2021, for the 15-74 age group, which are not seasonally adjusted, the simulation exercise produced the following results: Employment Survey, January 2021 Comparison of the (provisional) results obtained using the previous methodology and the new methodology Previous methodology New methodology Employed population (aged 15 to 74) (thousand) Month-on-month rate of change -90.4 -61.3 Quarter-on-quarter rate of change -140.2 -74.4 Year-on-year rate of change -168.1 -124.8 Unemployed population (aged 15 to 74) (p.p.) Month-on-month rate of change +0.5 +0.4 Quarter-on-quarter rate of change 0.0 -0.2 Year-on-year rate of change +0.4 +0.4 Work underutilization rate (aged 15 to 74) (p.p.) Month-on-month rate of change +0.8 +0.8 Quarter-on-quarter rate of change +0.1 -0.1 Year-on-year rate of change +1.7 +1.7 Year-on-year rate of change of the employed population (%) - 3.5 -2.6 - 8.0 - 6.0 - 4.0 - 2.0 0.0 2.0 4.0 6.0 Jan-12 Jul-12 Jan-13 Jul-13 Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17 Jul-17 Jan-18 Jul-18 Jan-19 Jul-19 Jan-20 Jul-20 Jan-21 (p) Employed popula�on Employed popula�on excluding agriculture for own consump�on (p) Provisional estimate

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