OECD employment rate remains high and Portugal records its best level since 2005
The employment rate across OECD countries remains elevated, and Portugal has reached its highest employment rate since 2005, reflecting improvements in labour-market conditions.
Lowest unemployment in 25 years
The Portuguese economy consolidates its full-employment status. In November, the unemployment rate was 5.7%, the lowest level since early 2002.
Unemployment rate fell in November to 5.7%
The unemployment rate decreased by 0.1 percentage points between October and November 2025, according to provisional data from Statistics Portugal (INE). The employment rate reached its highest level since 1998: 65.8%.
Job vacancy rate falls in the EU in the 3rd quarter, and Portugal has the 9th lowest
The job vacancy rate in the European Union decreased in the third quarter, with Portugal ranking as having the ninth lowest rate among member states.