Portugal Unemployment Holds at 5.7%

2026-08-31 11:06 By Agna Gabriel 1 min. read

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%.



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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%.
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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%.
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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.
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