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Unemployment stood at 6.7% in October to December 2018. | economy



According to data collected in the National Employment Survey (ENE) conducted by the National Institute of Statistics (INE), in October and December 2018. The national unemployment rate was 6.7%or 0.3 percentage points higher than in the same period last year but by 0.1% less than in the previous quarter.

This is the result of an increase of 1.1% in twelve months of workforce, while the employees increased by 0.7% in the same period, equivalent to 59.731 persons.

Growth was affected by female expansion by 1.3%, while in men it grew by only 0.3%.

As far as the economic sectors are concerned, the number of employees is mainly driven by communications (14.5%), health (11.2%) and construction (4.5%).

As far as employment is concerned, private employees increased by 0.9% and public sector employees by 3.2%. On the contrary, self-employed workers dropped by 1.3%, which is the biggest decline since this quarter March-May 2015.

Unemployment is higher in women

According to INE, the rate women's unemployment reached 7.5%, with an increase of 0.7 pp. in twelve months, as a result of an increase of 2.0% of the workforce, more than the variation of 1.3% of the employed.

Meanwhile, unemployment in men it reached 6.2%, varying 0.2 pp. compared with the same quarter of the previous year, due to a 0.5% increase in labor force, higher than that reported by the employed (0.3%).


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