The unemployment rate in Portugal stood at 5.7% in July, remaining the same as the value recorded in June. This data represents a decrease of 0.1 percentage points when compared to the same period of the previous year.
The provisional data was released by the National Statistics Institute, which confirmed the stability of the unemployment rate between the months of June and July. However, the situation in the Portuguese labor market presents significant contrasts.
The article highlights that, although the general unemployment rate remains at controlled values, youth unemployment continues to be a concern. The unemployment rate among young people stands above 20%, a considerably higher value than the national average.
