Official Portal - Statistics Portugal

Official Portal - Statistics Portugal
      
 

The unemployment rate stood at 5.5% and the labour underutilisation rate at 9.4%
Monthly Employment and Unemployment Estimates
The unemployment rate stood at 5.5% and the labour underutilisation rate at 9.4% - May 2026
01 July 2026

Summary

April 2026 (definitive estimates):

The unemployment rate stood at 5.7%, down from March 2026 by 0.2 percentage points (pp), from January of the same year by 0.1 pp and from April of 2025 by 0.6 pp.

The labour underutilisation rate was estimated at 9.7%, down from the previous month (0.1 pp), and from the same month of a year earlier (0.8 pp), having remained unchanged from three months earlier.

May 2026 (provisional estimates):

The unemployment rate stood at 5.5%, down from April 2026 (0.2 pp), from February of that year (0.5 pp) and from May 2025 (0.7 pp).

The labour underutilisation rate was estimated at 9.4%, down from the previous month (0.3 pp), from three months before (0.5 pp) and from a year earlier (1.0 pp).

The employed population stood, in May 2026, at 5,366.6 thousand, reaching the highest value since the beginning of the series in February 1998.


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