The unemployment rate stood at 6.1% in June, up 0.1 percentage point from May but down from 6.7% in June 2021, according to preliminary data released today by the National Statistical Institute (INE).
According to INE’s Monthly Employment and Unemployment Estimates, in June “the unemployment rate was 6.1%, up 0.1 percentage points from the previous month and 0.2 percentage points three months earlier, but lower by 0.6 percent. points than a year earlier.
The statistics also revised the May unemployment rate downward from a provisional reading of 6.1% to 6.0%, “up 0.1 percentage points from the previous month and 0 three months earlier, 2 percentage points.” points and 1.0 percentage points. lower than a year ago.”
In February 2022, the unemployment rate reached its lowest level in the last 10 years and amounted to 5.8%.
According to INE, in June 2022, the active population (5,169.2 thousand people) decreased by 0.3% (13.7 thousand people) compared to May, increasing by 0.2% compared to the June 2021 estimate of the year.
According to INE, the chain decline in the number of the active population “occurred due to a decrease in the employed population by 16.7 thousand (0.3%) with an increase in the number of unemployed by 3.0 thousand (1.0%)”.
The increase in the working-age population (8.0 thousand; 0.2%) compared to June 2021 “was accompanied by an increase in the number of employed people (38.3 thousand; 0.8%), which more than compensated for the decrease in the number of unemployed population (30.4 thousand; 8.8%)”.
According to INE, “Despite the decline seen in June 2022, the active population remains close to its 10-year high recorded in December 2021 (5,193.6 thousand people).”
The employed population (4,855.5 thousand) in June decreased by 0.3% compared to the previous month and increased by 0.8% compared to the same month in 2021, while the unemployed population (313.7 thousand) increased compared to the previous month (1.0%) and decreased. compared to June 2021 (8.8%).
As for the inactive population (2,490.9 thousand), in June there was an increase of 0.5% compared to the previous month and a decrease of 1.0% compared to the previous year.
In March this year, the lowest value since February 1998 of the inactive population (2469.3 thousand people) was recorded, and the employment rate reached the highest value in the last 10 years (63.8%).
The INE data also shows that the labor underutilization rate was 11.6%, up 0.1 percentage point from the previous month but 0.9 percentage point lower than the same month in 2021.
Author: Lusa
Source: CM Jornal
