Portugal: Unemployment Rate Falls to 6.3pct in April - Official

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In April "the unemployment rate was estimated at 6.3%, a lower value of 0.1 p.p. than the three comparison periods: three months before and the homologous period" announced this second-day INE.

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This afternoon, the National Institute of Statistics published the provisional data on employment and unemployment in Portugal on April. What conclusions can we draw from the figures?

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According to the “Employment and Unemployment Monthly estimates”, in April “the unemployment rate was estimated at 6.3% below 0.1 p.p. compared to the three periods of comparison: months earlier, three months before and period of unemployment”. The rate of sub-use of work will have already been, according to the provisional estimates of INE, 10.6% below the previous month and three months before 0.2 p.p. and below the month of homologous. Accord…

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According to the 'Employment and Unemployment Monthly estimates', in April "the unemployment rate was estimated at 6.3%, below 0.1 p.p. compared to the three periods of comparison: months earlier, three months before and period of homologous work". The rate of sub-use of work will have already been, according to the provisional estimates of INE, 10.6%, less than the previous month and less than the previous three months in 0.2 p.p. and less than…