Unemployment Rate in Portugal remained unchanged at 5.70 percent in August. Unemployment Rate in Portugal averaged 9.02 percent from 1998 until 2026, reaching an all time high of 18.40 percent in January of 2013 and a record low of 5.00 percent in November of 2000. source: Statistics Portugal

Unemployment Rate in Portugal is expected to be 5.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Unemployment Rate is projected to trend around 5.70 percent in 2027 and 5.90 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-31 10:00 AM
Unemployment Rate
Jul 5.7% 5.7% 5.6%
2026-09-30 10:00 AM
Unemployment Rate
Aug 5.7% 5.7% 5.7%
2026-10-29 11:00 AM
Unemployment Rate
Sep 5.7% 5.7%


Related Last Previous Unit Reference
Employed Persons 5348.30 5376.80 Thousand Aug 2026
Employment Rate 65.80 66.10 percent Aug 2026
Full Time Employment 4975.50 4891.80 Thousand Jun 2026
Job Vacancies 9557.00 10643.00 Aug 2026
Job Vacancy Rate 1.60 1.40 percent Mar 2026
Labor Force Participation Rate 69.80 70.10 percent Aug 2026
Part Time Employment 424.40 409.00 Thousand Jun 2026
Unemployed Persons 323.20 308.20 Thousand Aug 2026
Unemployment Rate 5.70 5.70 percent Aug 2026
Wage Growth 6.20 7.20 percent Aug 2026
Wages 1348.00 1333.00 EUR/Month Jun 2026
Wages in Manufacturing 140.87 159.11 points Aug 2026


Portugal Unemployment Rate
In Portugal, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
5.70 5.70 18.40 5.00 1998 - 2026 percent Monthly
SA

News Stream
Portugal Unemployment Holds at 5.7%
Portugal's unemployment rate held steady at 5.7% in July 2026, unchanged from June. The gender gap persisted, with unemployment at 6.4% for women compared with a record-low 4.9% for men. The adult unemployment rate remained unchanged at 4.6%, while youth unemployment stood at 20.1%. The number of unemployed fell by 2,700 to 320,200, while employment declined by 9,900 to 5.67 million. As a result, the employment rate slipped to 66.1% from 66.3%, and the labor force participation rate eased to 70.1% from 70.3%. Meanwhile, the broader labor underutilization rate, which includes unemployed, underemployed, and marginally attached workers, rose to 9.5% from 9.3%.
2026-08-31
Portugal Unemployment Holds at 24-Year Low in June
Portugal's unemployment rate held steady at 5.6% in June 2026, matching its lowest level since early 2002. The gender gap persisted, with unemployment at 6.3% for women compared with a record-low 4.9% for men. The adult unemployment rate remained unchanged at 4.6%, while youth unemployment stood at 18.9%. The number of unemployed edged up by 900 to 316,600, while employment declined by 13,700 to 5.35 million. As a result, the employment rate slipped to 66.2% from 66.5%, and the labor force participation rate eased to 70.2% from 70.4%. Meanwhile, the broader labor underutilization rate, which includes unemployed, underemployed, and marginally attached workers, fell slightly to 9.3% from 9.4%.
2026-07-29
Portugal Unemployment Rate Falls to 5.5% in May
Portugal’s unemployment rate fell to 5.5% in May 2026 from 5.7% in the previous month, and compared with 6.2% a year earlier. The number of unemployed stood at 314,600, a decrease of 8,300 from the previous month. A persistent gender gap remained, with the unemployment rate for women at 6%, compared with 5.1% for men. Meanwhile, the employment rate edged up to 66.5% from 66.3% in the previous month, with the number of employed rising by 19,100 to 5.367 million. The inactivity rate declined to 29.6% from 29.7%, while the labour force increased by 10,700 to 5.681 million. The labour underutilisation rate stood at 9.4%, down from 9.7% in the previous month.
2026-07-01