Unemployment at 6.7% in November, further rise expected in December

  • Lusa
  • 29 January 2020

The unemployment rate is estimated to have closed 2019 at 6.9%, INE revealed from the seasonally adjusted monthly unemployment rate.

The unemployment rate in Portugal rose to 6.7% last November, up 0.2 percentage points over the previous month and in line with forecasts made a month ago by Statistics Portugal, which estimates a further rise to 6.9% in December.

“In November 2019, the unemployment rate stood at 6.7%, 0.2 percentage points higher than in the previous month and 0.3 percentage points higher than three months earlier and the same as in the same month of 2018,” Portugal Statistics said.

The November figure confirms the provisional estimate released a month ago.