Unemployment Rate
The Unemployment Rate in Portugal is a key indicator for the country's economy, calculated by Statistics Portugal. It signifies the percentage of unemployed workers out of the total civilian labor force. A rising rate indicates economic slowdown due to lesser labor market expansion. Conversely, a decrease in the rate strengthens the economy and is viewed positively for the EUR.
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Historical Data
| Date | Actual | Previous | Deviation | Consensus |
|---|---|---|---|---|
| Aug 7, 2024 | 6.10% | 6.80% | -0.70 | - |
| May 8, 2024 | 6.80% | 6.60% | 0.20 | - |
| Feb 7, 2024 | 6.60% | 6.10% | 0.50 | - |
| Nov 7, 2023 | 6.10% | 6.10% | 0.00 | - |
| Aug 9, 2023 | 6.10% | 7.20% | -1.10 | - |
| May 10, 2023 | 7.20% | 6.50% | 0.70 | - |
| Feb 8, 2023 | 6.50% | 5.80% | 0.70 | - |
| Nov 9, 2022 | 5.80% | 5.70% | 0.10 | - |