Portugal’s unemployment rate remained unchanged at 5.6% in September 2026, matching a more than 24-year low recorded earlier this year. The gender gap persisted, with unemployment at 6.1% among women and 5.0% among men. The adult unemployment rate also held steady at 4.6%, its lowest level since April 2002, while youth unemployment stood at 19.1%. The number of unemployed people fell by 5,000 to 313,000, while employment declined by 4,900 to 5.326 million. Consequently, the employment rate edged down to 65.8% from 65.9%, and the labor force participation rate eased to 69.6% from 69.8%. Both indicators have retreated since reaching record highs in May 2026. Meanwhile, the broader labor underutilization rate, which includes unemployed, underemployed, and marginally attached workers, remained unchanged at 9.6%. source: Statistics Portugal
Unemployment Rate in Portugal remained unchanged at 5.60 percent in September. Unemployment Rate in Portugal averaged 9.01 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. This page provides - Portugal Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2026.
Unemployment Rate in Portugal remained unchanged at 5.60 percent in September. 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.