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The unemployment rate stood at 6.5% and the labour underutilisation rate at 11.0%
Monthly Employment and Unemployment Estimates
The unemployment rate stood at 6.5% and the labour underutilisation rate at 11.0% - March 2025
30 April 2025

Summary

February 2025 (definitive estimates):

• The unemployment rate stood at 6.5%, up 0.1 percentage points (pp) from January 2025, but down from November and February 2024 (0.1 pp in both).

• The labour underutilisation rate was estimated at 10.9%, the same value as in the previous month, having decreased from three months earlier (0.2 pp) and from the same month of 2024 (0.6 pp).

March 2025 (provisional estimates):

• The unemployment rate stood at 6.5%, the same values as in the three periods under comparison: the previous month, three months before and the same month of 2024.

• The labour underutilisation rate stood at 11.0%, up from the previous month and from three months before (0.1 pp in both), but down from the same month of 2024 (0.2 pp).

• In March 2025, the employed population (5,175.0 thousand) reached the highest value since February 1998.


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