Unemployment rises to 6,4% in May

Observed the Office for National Statistics

The unemployment rate stood at 6,4% in May, a year-on-year increase of 0,4 percentage points, but a decrease of 0,1 points compared to the value recorded in the previous month, according to INE data, released today.

«The unemployment rate stood at 6,4%, lower than that of April and February of this year (0,1 and 0,5 percentage points, respectively), but higher than that of May 2022 (0,4 percentage points)», observed the National Institute of Statistics (INE), which published the monthly employment and unemployment data for May.

According to the statistical authority, the unemployed population (338.600) decreased in relation to the previous month (1,7%) and three months before (6,4%), having increased in relation to the same month (8,5%).

 



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