Latest readings now from the National Statistics Institute

  • unemployment rate 11.8% in Dec vs revised 12.2% in Nov vs 13.6 a year earlier
  • total unemployed 604k vs 627k prev
  • youth unemployment aged 15-24fell to 31% in Dec vs 32.1% Nov

The Portugese jobless rate has been in general decline since peaking at over 17% in early 2013