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Portugal jobless rate edges up to 6.4% in November

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Home Business

Portugal jobless rate edges up to 6.4% in November

by News Wires
January 6, 2023
in Business
Portugal's monthly unemployment rate edged up to 6.4% in November from a revised reading of 6.0% the previous month.

Portugal's monthly unemployment rate edged up to 6.4% in November from a revised reading of 6.0% the previous month.

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LISBON – Portugal’s monthly unemployment rate edged up to 6.4% in November from a revised reading of 6.0% the previous month, the National Statistics Institute (INE) said in its flash estimate on Friday.

The labour underutilisation rate rose to 11.6% from 11.2% in the previous month.

The youth unemployment rate (16 to 24 years old) went up to 18.2% in November, from 17.9% in the previous month but decreased from 22.5% a year ago.

 

Tags: BUSINESSPortugalUnemployment

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