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NOTE : given the uncertainty resulting from the war in Ukraine and inflationary changes, the information provided is subject to a degree of risk when predicting trends in the economy and labour market. However, despite the current situation, estimated inflation has fallen for 6 consecutive months. According to the Employment Survey by INE [the Portuguese National Statistics Institute], Portugal had a total resident population of 10 in the first quarter of , of which The active population rose to 5 up by 1.
However, according to INE data, the labour underutilisation rate remained at The unemployment rate was 7. Unemployment continues to affect women more 7. Long-term unemployment accounts for The participation of women in the labour market In terms of new forms of employment, part-time working is still relatively uncommon in Portugal only 7. During the pandemic, there was a significant increase in remote working practices.
At the end of May , the number of unemployed people registered with the employment services in Portugal stood at a decrease of over 10 compared to May Almost Manufacturing, construction, energy and water accounted for Portugal continues to shift toward tertiarisation and digitisation, with a particular emphasis on vehicle trade and repair almost The hotel and restaurant industry, which represents 9.
By contrast, the education and financial and insurance sectors saw a decrease of The industry, construction, energy and water sector, which suffered major losses in and in both manufacturing and construction, is now showing some signs of recovery, recording a net increase of over 13 jobs in the manufacturing industry and 25 in construction in the space of one year.