The number of unemployed individuals registered at employment centers decreased by 8.7% in May compared to the previous year. According to data released by the Institute for Employment and Vocational Training (IEFP), the total number of registered unemployed stood at 274,766. This figure also represents a 3% decline from the numbers recorded in April. The data indicates a downward trend in unemployment registrations over both short-term and annual periods. These statistics provide a snapshot of the current labor market conditions in Portugal. The IEFP remains the primary source for tracking these employment trends.
