February 2024 (definitive estimates):

• The active population (5,354.5 thousand people) increased from the previous month (1.2 thousand, which corresponds to a nearly null relative change), from three months before (1.1%) and from the same month of 2023 (1.6%).

• The employed population (5,002.2 thousand) decreased from the previous month (1.3 thousand, which corresponds to a nearly null relative change); having increased from November (1.0%) and February 2023 (1,9%).

• The unemployed population (352.3 thousand) increased from the previous month (0,7%) and from three months before (1.7%), having decreased when compared to the same month of the previous years (3.2%).

• The unemployment rate, which stood at 6.6%, increased by 0.1 percentage points (pp) from the previous month and from three months before, but decreased by 0.3 pp from a year earlier.

• The inactive population (2,440.0 thousand) increased from the three periods under comparison: 0.2%, 1.8% and 1.0%, respectively.

• The labour underutilisation rate was estimated at 11.4%, down from the three periods under comparison: 0.1 pp, 0.3 pp and 0.7 pp, respectively.

March 2024 (provisional estimates):

• The active population (5,360.5 thousand) increased from February 2024 (0.1%), December 2023 (1.2%) and from March 2023 (1.6%).

• The employed population (5,013.9 thousand) increased from the three periods under comparison: 0.2%, 1.2% and 2.0%, respectively.

• The unemployed population (346.5 thousand) decreased by 1.6% from February 2024 and by 3.9% from March 2023, having remained unchanged from December 2023.

• The unemployment rate stood at 6.5%, down 0.1 pp from the previous month, remained unchanged from three months before, and down 0.3 pp from a year earlier.

• The inactive population (2,438.7 thousand) decreased from the month before (0.1%) having increased from three months before (1.8%) and from a year earlier (1.3%).

• The labour underutilisation rate stood at 11.4%, the same value from February 2024, decreased from December 2023 (0.2 pp) and from March of the same year (0.6 pp).