Youth unemployment drops 0,3% in July and reaches the second lowest value

In contrast, total unemployment increased by 2,4% compared to June

Youth unemployment fell 0,3% in July, compared to the previous month, to 27.609, the second lowest figure ever, but total unemployment increased by 2,4%, according to data from the Institute of Employment and Vocational Training (IEFP) today disclosed.

“In the month of July, youth unemployment fell in a chain (-0,3%) compared to the previous month, settling at the second lowest value ever (27.609 young people enrolled in the IEFP), only surpassed by the value of July 2022, when the historic minimum of youth unemployment has been reached”, said today, in a statement, the institute.

In turn, total unemployment increased by 2,4%, compared to June, to 284.330 people.

However, this is the second lowest value in the month in question since there was a record.

In July, long-term unemployment increased by 2,5%, compared to the previous month, but had a decrease of 13,5% compared to the same period of the previous year.

 



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