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Portugal jobless rate rises to 6.1% in May

By:
Reuters
Updated: Jun 29, 2022, 10:22 UTC

(Reuters) - Portugal's monthly unemployment rate rose to 6.1% in May from a revised reading of 5.9% in the previous month, the National Statistics Institute (INE) said in its flash estimate on Wednesday.

People cross a street in downtown Porto

(Reuters) – Portugal’s monthly unemployment rate rose to 6.1% in May from a revised reading of 5.9% in the previous month, the National Statistics Institute (INE) said in its flash estimate on Wednesday.

The labour underutilisation rate stood at 11.5%, slightly up from 11.4% in April.

(Reporting by Marta Serafinko; Editing by Patricia Rua)

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