Portugal Unemployment Rate

Last Release

Oct 31, 2024

Actual

6.6

Units In

6.6

Frequency

Quarterly

Next Release

Dec 30, 2024

Time to Release

29 Days 9 Hours

Highest	Lowest	Average	Date Range	Source
18.5 Mar 2013	3.7 Jun 2000	7.7 %	1983-2024	Statistics Portugal

In Portugal, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

Latest Updates

Portugal's unemployment rate stood at 6.6% in October 2024, slightly above market expectations of 6.4%, with September’s figure also revised upward to 6.6%. The number of unemployed individuals decreased marginally to 357.9 thousand from 358.2 thousand in the prior month, while the employed population rose to 5.106 million from 5.103 million. Both the employment rate and the labor force participation rate remained steady at 64.3% and 68.8%, respectively.