Thursday, July 28, 2016

June unemployment rate at the lowest level since August 2009 – Daily News – Lisbon

Government points out that the unemployment rate is even lower than expected in the state budget for 2016

The Government he said Thursday that the June unemployment rate is the lowest figure recorded since August 2009, stressing that this data comfort the executive in “assessment of the economic recovery that is underway in Portugal.”

the National Statistics Institute also revealed on Thursday that the unemployment rate has remained unchanged in June at 11.2%, after the final estimate of the unemployment rate for May was revised at least 0.4 percentage points over the provisional estimate, thus retreated 0.9 percentage points in June compared with the same month of 2015.

in the Council of Ministers press conference on Thursday, the Minister of Foreign Affairs, Augusto Santos Silva, considered that “these data comfort the Government in its assessment of the economic recovery that is underway in Portugal”

“11.2% unemployment rate means two very important things:. first means a fee unemployment is already lower than expected in the state budget for 2016 and second means an unemployment rate that is the lowest figure recorded in this rate since August 2009, “showed.

According to Santos Silva “there is economic recovery elements to be taken into account and the data published today by the National Statistics Institute are given very safe as these signs of economic recovery.”

“we now have more people employed and fewer people unemployed, “praised, considering that these data are consistent with those published by IEFP relative to unemployed registered at employment centers, which demonstrates that there was a reduction.

According to the Foreign Minister these data are also consistent with the numbers “that the budget execution in the first half indicates how the evolution of contributions and contributions paid to Social Security,” in which there is an increase of about 5%, which is also an “indicator employment growth “.

” So from our point of view, the recommendation of the European Commission also on budgetary trajectory in 2016 is important and should be considered carefully, but we want the side of the economy either on the side of the implementing measures all the prospects to stay in 2016 well below the 3% threshold in the product to our nominal deficit, “justiticou.

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