Economic Indicators
Portugal jobless rate unchanged at 6.1% in October – flash estimate
2022.11.30 06:53
© Reuters. FILE PHOTO: A woman walks past a wall with graffiti saying “We demand our wages” in Alhos Vedros, Portugal, May 11, 2015. To match PORTUGAL-UNEMPLOYMENT/ REUTERS/Hugo Correia
(Reuters) – Portugal’s monthly unemployment rate remained unchanged at 6.1% from the previous month, the National Statistics Institute (INE) said in its flash estimate on Wednesday.
The labour underutilisation rate stayed also unchanged at 11.4% from the previous month.
The youth unemployment rate (16 to 24 years old) fell to 17.6% in October, from revised 18.7% in the previous month and from 22.1% a year ago.
