Drop in Portugal's unemployment rate in October was fourth-largest in EU

By TPN/Lusa, in News · 03-12-2018 08:29:00 · 2 Comments
Drop in Portugal's unemployment rate in October was fourth-largest in EU

Portugal had the fourth-largest year-on-year drop in unemployment in the European Union in October, as the overall jobless rate fell in the EU as a whole and in the euro area, according to the EU’s statistical office, Eurostat.

In the euro area, unemployment was at 8.1% in October little changed from September, against 8.8% in October of 2017.

In the EU as a whole, the index behaved in similar fashion: it was little changed from September at 6.7%, and down from 7.4% in October 2017.

According to Eurostat, the latest figures for unemployment show the rate down in all member states from a year earlier. The biggest drops were in Croatia (to 8.1% from 10.2% a year earlier), Greece (to 18.9% in August, the most recent month for which figures are available, from 20.8% a year earlier) and Spain (to 14.8% in October from 16.6% a year earlier).

The Czech Republic (2.2%) and Germany (3.3%) had the lowest unemployment rates; Greece (18.9% in August) and Spain (14.8%) the largest.


Portugal also has some of the lowest salaries in the EU and the government has no idea of how many citizens actually live and work outside the country

by Paul R from Lisbon on 12-05-2019 02:38:00

...so what were the y-o-y numbers for Portugal?

by Ilkka Teras from Algarve on 04-12-2018 05:39:00
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