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29/05/2026 15:47

Portugal: Unemployment Rate Edges Down in April.

Portugal’s unemployment rate edged down to 5.7% in April 2026 from 5.8% in each of the previous two months, and compared with 6.2% a year earlier. The number of unemployed stood at 322,000, a decrease of 3,300 from the previous month. A persistent gender gap remained, with the unemployment rate for women at 6.1%, compared with 5.3% for men. Youth unemployment fell to 17.9%, its lowest level since October 2022. Meanwhile, the employment rate edged up to 66.2%, the highest since February 1998, from 66.0% in the previous month, with the number of employed rising by 23,000 to 5.344 million. The inactivity rate declined to 29.8% from 30.0%, while the labour force increased by 19,900 to 5.666 million. The labour underutilisation rate stood at 9.7%, down from 9.8% in the previous month.