Portugal unemployment rate

Portugal’s unemployment rate decreased to 6.5 by -2.0% on March 2024 from 6.6 in the previous month. On a year on year basis Portugal’s unemployment rate decreased by -8.0%. and the 12 month moving average slope is down.Portugal’s unemployment rate 1-year percentile is currently at 8.0 5-year percentile is currently at 52.0%. MacroVar monitors the factors of Momentum, Trend for Portugal unemployment rate.

A detailed analysis can be found here