Algarve unemployment rises 178%

in Algarve · 25-09-2020 01:00:00 · 1 Comments
Algarve unemployment rises 178%

The Algarve region recorded in August the highest increase in the number of unemployed compared to the last year.

According to data from the IEFP, the unemployment rate rose 177.8 percent to 20,425.

Data from the Employment and Vocational Training Institute (IEFP) shows that, since March, the month of the beginning of the state of emergency due to the Covid-19 pandemic, the Algarve is the region with the most marked increases in unemployment.

Before the pandemic situation, in January and February, the Algarve was the only region of the country to register an increase in the number of recorded unemployed, but with slight growth, of 0.3 percent and 0.9 percent, respectively, compared to the same period in 2019.

In March, the increase in the number of unemployed in the Algarve rose steeply to 41.4 percent, growing to 123.9 percent in April, 202.4 percent in May, 231.8 percent in June and 216.1 percent in July, having then an increase of 177.8 percent in August (13,072 more people than a year ago). However, compared to the previous month, the number of unemployed in the Algarve region decreased by 10.2 percent in August, showing that there were 2,425 fewer unemployed registered in July.

The job offers in the Algarve region also fell 24.7 percent in August compared to the same month of 2019 but increased by 4.6 percent compared to the previous month.


Comments:

Ireland misses Portugal. We will be back in our tens of thousands and be the best buyers spenders and Tippers again.

By Brian Nolan from Other on 25-09-2020 11:37
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