In the 4th quarter of 2019
The unemployment rate stood at 6.7%, higher by 0.6 percentage points (pp) than the previous quarter value and equal to the value of a year earlier.
The unemployed population, estimated at 352.4 thousand people, has increased by 9.0% (29.0 thousand) from the previous quarter and by 0.9% (3.3 thousand) from the year before.
The employed population, 4,907.6 thousand people, has decreased by 0.8% (40.2 thousand) from the previous quarter and has increased by 0.5% (24.6 thousand) from the 4th quarter of 2018.
The youth (15 to 24 years old) unemployment rate stood at 19.5%, up 1.6 pp and down 0.4 pp from the previous quarter and from the year before, respectively. The share of unemployed people looking for a job for 12 months or longer (long-term unemployment) was 47.8%, having decreased by 4.6 pp from the previous quarter and remained unchanged from the year before.
The unemployment rate stood at 6.5%, down 0.5 pp from 2018.
The unemployed population, 339.5 thousand people, has decreased by 7.2% (26.4 thousand) from the previous year, while the employed population, 4,913.1 thousand people, has increased by 1.0% (46.4 thousand).
The young people (aged 15 to 24) unemployment rate stood at 18.3%, 2.0 pp less than in the previous year. The proportion of long-term unemployment was 49.9%, having decreased by 1.2 pp from the former year.
The labour underutilisation rate was 12.7%, 1.0 pp lower than that of the previous year, corresponding to the lowest value of the data series started in 2011.
Among the young people aged 15 to 34 residing in Portugal, 9.5% (210.1 thousand) were not in employment, in education or training, a share that has decreased by 0.4 pp (8.1 thousand) from 2018.
The three Europe 2020 indicators – employment rate of those aged 20 to 64, early leavers from education and training rate, and tertiary educational attainment rate – whose targets, established for Portugal, are 75% or over, less than 10%, and at least 40%, respectively, were estimated at 76.1%, 10.6%, and 36.2% (75.4%, 11.8%, and 33.5% in 2018).