According to Statistics Portugal (INE), 316,800 people were unemployed; among young people aged 16 to 24, the rate reached 19.9%.
In the third quarter of 2026, Portugal's unemployment rate was estimated at 5.5%, up 0.2 percentage points (pp) on the previous quarter and down 0.3 pp on the same quarter of 2025. The unemployed population was estimated at 316,800, 16,000 more than in the second quarter. The figures come from the Employment Statistics released by Statistics Portugal (INE) on 4 November 2026.
Among young people aged 16 to 24, the unemployment rate was estimated at 19.9%, up 1.6 pp on the previous quarter and 1.1 pp year on year.
INE also estimated that 20.3% of the employed population (1,093,700 people) were teleworking, which it defines as working from home using information and communication technologies. The share was 1.0 pp lower than in the second quarter and 0.9 pp higher than in the third quarter of 2025.
INE notes that these estimates are still based on resident population estimates derived from the 2021 Census, and that the Employment Statistics will be revised on 10 February 2027.
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