February 11, 2021
1 min read

Portugal unemployment rate soars to 6.8% in 2020

In a statement issued on Wednesday, Statistics Portugal (INE) said that 350,900 people were out of work in 2020, 11,400 more than a year earlier…reports Asian Lite News

Portugal’s annual unemployment rate was 6.8 per cent in 2020, an increase of 0.3 percentage point compared to 2019, according to official data.

In a statement issued on Wednesday, Statistics Portugal (INE) said that 350,900 people were out of work in 2020, 11,400 more than a year earlier, reports Xinhua news agency.

The unemployment rate was the highest, 22.6 percent, among young people aged 15 to 24 years, an increase of 4.3 percentage points year-on-year.

According to the INE, the figures were “influenced by the current situation determined by the Covid-19 pandemic” and “the behavioural changes resulting from the measures taken to safeguard public health”.

“Likewise, the (economic) measures adopted by the government in the context of the pandemic covered a large number of people who, even though they were in a layoff regime, were classified as employed because they continue to earn more than 50 percent of their usual salary,” the INE explained.

Meanwhile, Portugal has so far reported a total of 14,718 coronavirus deaths and 774,889 cases.

Also read:‘Double masking gives more protection’

Previous Story

EU member states give nod for ePrivacy rules reform

Next Story

‘Sustainability is a lifestyle choice’

Latest from -Top News

Modi Meets Aussie Deputy PM in Delhi

The two leaders exchanged ideas to further strengthen the India-Australia Comprehensive Strategic Partnership Visiting Australian Deputy Prime Minister and Defence Minister Richard Marles met Prime Minister Narendra Modi in New Delhi on

Missing Indians Rescued in Iran

All three individuals, identified as Jaspal Singh, Hushanpreet Singh, and Amritpal Singh, hail from Punjab and had disappeared shortly after landing in Tehran on May 1….reports Asian Lite News The three Indian

Mujibur Rahman Stripped of Hero Status

The ordinance strips ‘Bangabandhu’ Sheikh Mujibur Rahman, Tajuddin Ahmad, Syed Nazrul Islam, and over 400 former constituent assembly members of their recognised freedom fighter status….reports Asian Lite News Bangladesh’s interim government, led

Rubio Slams China on Tiananmen Anniversary

Rubio pays tribute to Tiananmen dead, slams China’s brutal response….reports Asian Lite News U.S. Secretary of State Marco Rubio condemned China on the 36th anniversary of the Tiananmen Square massacre, honouring the
Go toTop