The unemployment rate fell to 6% in 2025, 0.4 percentage points less than in the previous year and the lowest annual figure since 2011, the National Statistics Institute (INE) announced today.
According to INE, in 2025, the labor underutilization rate also stood at a 14-year low, at 10.2%, 0.8 percentage points below the previous year.
The youth unemployment rate (16 to 24 years old) was 19.5%, 2.1 percentage points less than in the previous year, while the proportion of long-term unemployed was estimated at 36.8%, 0.1 percentage points less than in 2024.
In 2025, the annual average of the employed population was 5,275.3 thousand people and increased by 3.2% (163.0 thousand) compared to the previous year.
The unemployed population, estimated at 337.1 thousand people, decreased by 4.0% (14.0 thousand) compared to 2024.
Leave a Reply