SYNTHESIS INE@COVID-19, 11-may-2020

May . 11 . 2020 page 2/14 Communication Unit | tel: +351 21 842 61 00 | sci@ine.pt www.ine.pt SYNTH SIS IN @ COVID-19 Unemployment rate 1Q2011 1Q2012 1Q2013 1Q2014 1Q2015 1Q2016 1Q2017 1Q2018 1Q2019 1Q2020 6,7% 0,0% 2,0% 4,0% 6,0% 8,0% 10,0% 12,0% 14,0% 16,0% 18,0% 20,0% The unemployment rate in the 1 st quarter of 2020 stood at 6.7%, the same as in the 4 th quarter of 2019. The unemployed population (348.1 thousand people) decreased by 1.2% (4,300 thousand) compared to the previous quarter. 6,7% 7,5% 7,2% 7,0% 6,8% 6,4% 6,0% 5,6% Portugal Algarve Região Autónoma dos Açores Área Metropolitana de Lisboa Norte Alentejo Centro Região Autónoma da Madeira Unemployment rates by NUTS II region 1 st Quarter 2020 In the 1 st quarter of 2020, the unemployment rate was above the national average in four regions of the Country: Algarve, Região Autónoma dos Açores, Área Metropolitana de Lisboa and Norte. Population aged 15 and older absent from work in the reference week The employed population absent from work amounted to 452.1 thousand people (9.3% of the employed population), having increased by 33.0% (112.2 thousand) in comparison to the previous quarter. Since the beginning of the series in 2011, such variations in absolute value had never been reached in a 1 st quarter. This increase was mostly due to: • The reduction or lack of work for technical or economic reasons of the enterprise (includes temporary suspension of the work contract and layoff), referred to by 68.3 thousand workers. • Other reasons, indicated by 48.7 thousand employees, which included the need to take care of children because schools had closed or because they needed to take care of people that are dependent (not having taken holidays to fulfil these obligations), or for being in prophylactic/ quarantine isolation.