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%. source: Statistics Portugal

Unemployment Rate in Portugal remained unchanged at 5.60 percent in June. Unemployment Rate in Portugal averaged 9.04 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 August of 2026.

Unemployment Rate in Portugal remained unchanged at 5.60 percent in June. Unemployment Rate in Portugal is expected to be 5.80 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 6.00 percent in 2027 and 5.90 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-01 10:00 AM
Unemployment Rate
May 5.5% 5.7% 5.7%
2026-07-29 10:00 AM
Unemployment Rate
Jun 5.6% 5.6% 5.5%
2026-08-31 10:00 AM
Unemployment Rate
Jul 5.6% 5.6%


Related Last Previous Unit Reference
Employed Persons 5369.20 5366.00 Thousand Jun 2026
Employment Rate 66.20 66.50 percent Jun 2026
Full Time Employment 4891.80 4900.50 Thousand Mar 2026
Job Vacancies 9924.00 11321.00 Jun 2026
Job Vacancy Rate 1.60 1.40 percent Mar 2026
Labor Force Participation Rate 70.20 70.40 percent Jun 2026
Part Time Employment 409.00 439.00 Thousand Mar 2026
Unemployed Persons 299.20 300.80 Thousand Jun 2026
Unemployment Rate 5.60 5.60 percent Jun 2026
Wage Growth 5.40 7.60 percent May 2026
Wages 1333.00 1314.00 EUR/Month Mar 2026
Wages in Manufacturing 128.62 127.26 points May 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
5.60 5.60 18.40 5.00 1998 - 2026 percent Monthly
SA

News Stream
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
Portugal Unemployment Rate Edges Down in April
Portugal’s unemployment rate edged down to 5.7% in April 2026 from 5.8% in each of the previous two months, and compared with 6.2% a year earlier. The number of unemployed stood at 322,000, a decrease of 3,300 from the previous month. A persistent gender gap remained, with the unemployment rate for women at 6.1%, compared with 5.3% for men. Youth unemployment fell to 17.9%, its lowest level since October 2022. Meanwhile, the employment rate edged up to 66.2%, the highest since February 1998, from 66.0% in the previous month, with the number of employed rising by 23,000 to 5.344 million. The inactivity rate declined to 29.8% from 30.0%, while the labour force increased by 19,900 to 5.666 million. The labour underutilisation rate stood at 9.7%, down from 9.8% in the previous month.
2026-05-29