Portugal’s unemployment rate edged down to 5.6% in December 2025 from 5.7% in November, marking its lowest level since February 2002. The adult unemployment rate stood at 4.7%, the lowest since April 2002, while youth unemployment fell 0.5 percentage points to 18.4%. The total number of unemployed declined by 3.4 thousand to 314.8 thousand, while employment rose by 16.7 thousand, reaching a record high of 5.317 million. The employment rate climbed to an all-time high of 65.9%, and the labor force participation rate increased to 69.8%, near its historical peak. Meanwhile, the labor underutilization rate, which includes the unemployed, marginally attached workers, and part-time workers seeking full-time employment, slightly decreased to 9.7% in December from 9.8% in November. source: Statistics Portugal
Unemployment Rate in Portugal decreased to 5.60 percent in December from 5.70 percent in November of 2025. Unemployment Rate in Portugal averaged 9.10 percent from 1998 until 2025, reaching an all time high of 18.30 percent in January of 2013 and a record low of 5.00 percent in November of 2000. This page provides - Portugal Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.
Unemployment Rate in Portugal decreased to 5.60 percent in December from 5.70 percent in November of 2025. Unemployment Rate in Portugal is expected to be 5.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Unemployment Rate is projected to trend around 6.40 percent in 2027, according to our econometric models.