Easter helped unemployment in the Algarve fall by almost 20%

At the municipal level, Portimão is the municipality with the most unemployed (2800), followed by Loulé (2134) and Albufeira (1842)

Back of employer. Employer listening to candidate for vacancy

Unemployment in the Algarve fell by almost 20% from March to April, according to with data released by the Institute for Employment and Vocational Training (IEFP). The good hotel occupancy in the Easter period helped.

According to the IEFP report, at the end of April, there were 14.929 registered unemployed in the Algarve, which represents a decrease of 19,7% compared to March this year.

Interestingly, this was the same percentage recorded from March to February.

If the comparison is made with last year, when there were 32.271 people enrolled, there is a reduction of around 17 people looking for a job in the Algarve.

The year-on-year fall in unemployment in April (-53,7%) is also the largest recorded in the entire country.

These data were recorded in a month in which the Algarve hotel industry returned to work at the pre-pandemic level.

Due to Easter celebrations, the region welcomed thousands of tourists, as shown by hotel occupancy data.

At the county level, Portimão has the most unemployed people (2800), followed by Loulé (2134) and Albufeira (1842).

According to the IEFP, there were, at the end of April, 1686 job offers in the Algarve, an increase of 1,1% compared to March.

If we compare it to the same period last year (April 2021), the growth is 164,7%, the highest in the entire country.

 

 

 



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