If Canada passes the UBI, the unemployment rate will increase Government unemployment benefits might be the reason why over the last 40 years, the unemployment rates in Portugal and Spain have been higher than Hong Kong.
Key data points
Last release
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Observation period
Oct 2024
Next release
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Forecast
—
Highest
18.30 % on Jan 31, 2013
Lowest
5.00 % on Nov 30, 2000
About 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.
Related indicators
Frequently Asked Questions
To calculate Portugal unemployment rate you need to take the number of the country residents without a job and looking for work divided by the total number of residents in the labor force.
The lowest ever Portugal unemployment rate is 5.00%.
The highest figure Portugal unemployment rate has ever reached is 18.30%.
Last month Portugal unemployment rate was 6.60%, and the month before that it amounted to 6.60%.