He unemployment Among young people aged 14 to 24, it fell from 29.8% to 27.5%, according to the latest Differential Labor Market Report prepared by the Statistics National Institute (INE) for the month of May.
However, the technical bulletin also shows that the unemployment rate increased in middle age groups compared to the figures for the month of April.
In the 30-34 age group, the unemployment rate rose from 7.1% to 7.3% from one month to the next, while in the 45-54 age group it rose from 5% to 5.1%. In the 35-44 age group, the unemployment rate remained at 5% for both months.
The other younger group, comprised of citizens between 25 and 29 years old, also saw a drop in the unemployment rate, as it went from 11.2% to 10.4%.
Unemployment fell among women despite persistent gender gap
On the other hand, unemployment also fell among the womengoing from 10.2% to 9.3%, although the gender gap in the workplace persists. Among men, the rate rose from 8% to 7.9%.
The unemployment figures for women show a reduction in the activity rate at the national level, which fell from 56.1% to 55.8%, while the employment rate rose from 50.4% to 50.6%.
At the national level, the activity, employment and unemployment rates stood at 63.9%, 58.5% and 8.5%, respectively. They had been 64.1%, 58.3% and 9.0% in April, respectively.
Source: Ambito
