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In September, the employed population increased by 0.7%, the unemployment rate decreased by 0.2 percentage points and the labour underutilisation decreased by 0.1 percentage points
Monthly Employment and Unemployment Estimates
In September, the employed population increased by 0.7%, the unemployment rate decreased by 0.2 percentage points and the labour underutilisation decreased by 0.1 percentage points - October 2020
30 November 2020

Summary

September 2020 – definitive estimates:
• The employed population has increased by 0.7% from the previous month and by 1.7% from three months before, but it has decreased by 2.5% from the same month of 2019.
• The unemployed population has decreased by 1.7% from August 2020 and increased by 9.9% from June of the same year and by 19.5% from September 2019.
• The unemployment rate (concept of the International Labour Organization, ILO) stood at 7.9%, 0.2 percentage points (pp) less than in the previous month, 0.6 pp more than three months before and 1.4 pp more than in the same month of the previous year.
• The labour underutilisation rate was estimated at 15.4%, down 0.1 pp from the previous month and from three months before and up 2.7 pp from a year earlier.

October 2020 – provisional estimates:
• The employed population has increased by 0.3% from the previous month and by 1.5% from three months before, having decreased by 2.1% from the same month of 2019.
• The unemployed population has decreased by 4.7% from September 2020 and by 3.9% from July of the same year and increased by 15.0% from October 2019.
• The unemployment rate (ILO concept) stood at 7.5%, down 0.4 pp from the previous month and from three months before and up 1.0 pp from the same month of the previous year.
• The labour underutilisation rate was estimated at 15.0%, 0.4 pp less than in the previous month and 0.6 pp less than in three months before, and 2.5 pp more than an year earlier.
• The monthly decrease of the labour underutilisation rate in this month was, almost exclusively, due to the decrease of the unemployed population.

Despite the circumstances caused by the COVID-19 pandemic, Statistics Portugal calls for the best cooperation from enterprises, households and public bodies in responding to Statistics Portugal’s requests. The quality of official statistics, particularly their ability to identify the impacts of the COVID-19 pandemic, crucially depends on this cooperation, for which Statistics Portugal thanks you in advance.


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