According to monthly unemployment data released by the IEFP, the number of unemployed in July 3958 decreased from the previous month and down 78,998 over the same month last year. The Algarve region recorded the largest annual relative reduction, less 18.7% unemployed, 3,776 fewer people than in July 2014.
The decline in the annual unemployment in July included both men and women . According to IEFP, in men the decrease was 13.8% and women 12.1%.
As for the age group, young people and adults showed an annual decline in unemployment, respectively 13.1 % and 12.9%. The registered unemployed for less than one year decreased 12.6% compared to July 2014 and the long-term unemployed (with enrollment less than one year) decreased by 13.2%. The number of unemployed seeking a new job declined from the same month of 2014 (-13.5%)
In July were received at IEFP 15,365 jobs, a total of 112,072, which is 9.3% more year on year. In the same period they were placed in the labor market 10,059 people, representing a 14.5% increase year on year.
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