In the 4th quarter of 2022, the employed population (4,902.9 thousand people) decreased by 0.5% (26.2 thousand) from the previous quarter and increased by 0.5% (23.9 thousand) from one year before.
The share of the employed population who has teleworked, that is, who has worked from home using information and communication technologies was 17.0% (835.9 thousand people), as in the 3rd quarter of 2022.
The unemployed population, estimated at 342.7 thousand people, has increased by 12.1% (36.9 thousand) from the previous quarter and by 3.7% (12.1 thousand) from a year earlier.
The unemployment rate stood at 6.5%, up 0.7 percentage points (pp) from the 3rd quarter of 2022 and up 0.2 pp from the 4th quarter of 2021.
The labour underutilisation covered 633.1 thousand people, having increased by 5.0% (30.0 thousand) from the previous quarter and by 0.5% (3.0 thousand) from a year before. The labour underutilisation rate (11.7%) has increased by 0.5 pp from the previous quarter and remained unchanged from a year earlier.
The inactive population aged 16 and over (3,571.9 thousand people) has decreased by 0.1% (3.5 thousand) from the previous quarter and by 1.1% (40.2 thousand) in the year-on-year comparison.
In 2022, the annual average employed population stood at 4,908.7 thousand people and has increased by 2.0% (96.4 thousand) from the previous year. On the other hand, the unemployed population, estimated at 313.9 thousand people, has decreased by 7.3% (24.9 thousand) from 2021.
The unemployment rate stood at 6.0% and the labour underutilisation rate at 11.4%, both down from 2021 (0.6 pp and 1.1 pp, respectively).
The young people (aged 16 to 24) unemployment rate stood at 19.0%, 4.4 pp less than in the previous year, while the proportion of long-term unemployment was 45.2%, up 1.8 pp from 2021.
In the context of Portugal 2030 Strategy, Portugal has not yet achieved any of the goals established for three education indicators estimated with Labour Force Survey data. However, Portugal is very close to reach them, especially the share of the population aged 20 to 24 with at least an upper secondary qualification (89.3% in 2022, 0.7 pp from the minimum goal of 90%).