Official Portal - Statistics Portugal

Official Portal - Statistics Portugal
      
 

The unemployment rate stood at 5.8% and the labour underutilisation rate at 9.8%
Monthly Employment and Unemployment Estimates
The unemployment rate stood at 5.8% and the labour underutilisation rate at 9.8% - March 2026
29 April 2026

Summary

February 2026 (definitive estimates):

The unemployment rate stood at 5.8%, up from January 2026 by 0.2 percentage points (pp), and from November 2025 by 0.1 pp, but down by 0.5 pp from February of that year.

The labour underutilisation rate was estimated at 9.8%, up from the previous month (0.2 pp), equal to three months earlier, but down from the same month of a year before (0.8 pp).

March 2026 (provisional estimates):

The unemployment rate stood at 5.8%, as in February 2026, up from December 2025 (0.2 pp), but down from March of a year before (0.5 pp).

The labour underutilisation rate was estimated at 9.8%, the same value as in the previous month, up from three months before (0.1 pp), but down from a year earlier (0.9 pp).

The youth unemployment rate stood, in March 2026, at 18.1%, reaching the lowest value since October 2022 (17.5%).


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