The unemployment rate fell to 11.9% in the second quarter, down 1.8 percentage points from the previous quarter, which represents the most positive development of this indicator since at least 1998.
The unemployment rate returns so after two consecutive quarters of increases, at a decreasing trend, falling below those recorded at the time of arrival of the troika and the current government took office in spring 2011. At that time, recorded up an unemployment rate of 12.1%.
According to data released Wednesday by the National Statistics Institute, were created in Portugal during the second quarter of 2015 103 700 more jobs. In the same period, the number of unemployed decreased by 92 500 people. The number of unemployed is already lower by 38,000 compared to the arrival of troika , the number of jobs continues to be substantially lower, a difference of 219,000.
Data unemployment now published are not adjusted for seasonal effects. Normally, the second quarter is the one who presents more positive changes due to the creation of temporary jobs that usually occurs in the summer. It is, moreover, why the largest decline in the unemployment rate, from 16.4% to 10, 8%, occurred in the Algarve. In the second quarter of 2013, the unemployment rate was recorded in the country’s total down 1.1 percentage points during the same period of 2014 the decrease was 1.2 points.
When looking at variation of indicators of the labor market over the same period last year, the trend is less positive due to deterioration recorded during the fourth quarter of 2014 and the first of 2015. Thus, the unemployment rate recorded a decrease of two percentage points over the same period, a rate of descent that is below that recorded in 2014, when the drop was close to 2.5 points.
In this period, the number of jobs created was 66.2 thousand and began to register least 108,500 unemployed.
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