Portugal's unemployment rate holds steady at 5.6% in June
Portugal’s unemployment rate remained at 5.6% in June, unchanged from May but down 0.4 percentage points year-on-year, according to provisional INE data.
Portugal’s unemployment rate remained steady at 5.6% in June, holding at the same level recorded in May, according to preliminary estimates released by the National Institute of Statistics (INE).
While the month-on-month figure showed no change, the June rate represents a 0.4 percentage point decline compared to the same period last year. INE's data highlights relative stability in the national labor market heading into the summer season. The steady employment figures suggest sustained strength in Portugal's economic activity, offsetting wider regional economic uncertainties across the European Union.
Sources: RTP (Rádio e Televisão de Portugal)