The unemployment rate remained at 6.6% in November.

The unemployment rate remained at 6.6% in November for the third month in a row and increased by 0.1 percentage point compared to the same month in 2022, according to preliminary INE data published this Monday.

“The unemployment rate remained at 6.6% for the third month in a row, increasing compared to three months earlier (0.3 percentage points) and the same month of the previous year (0.1 percentage points),” the National Institute of Statistics (INE) said. ). ), which published preliminary data on employment and unemployment for November.

There were 348,500 unemployed that month, down 1.1% from October and up 4% and 3.4% from August 2023 and November 2022, respectively.

The employed population (4,955,200 people) registered an increase of 0.2% compared to the previous month and 1.8% compared to the same month in 2022, but decreased by 0.2% compared to three months earlier.

According to the preliminary estimate for November, the active population (5,303,700 people) increased compared to October and August (0.1% in both cases), and also compared to November 2022 (1.9%).

The inactive population (2,390,400) decreased 0.1% from the previous month, remained virtually unchanged from three months earlier, and decreased 2.6% from a year earlier.

As for the level of labor underutilization, it amounted to 11.6%, which is the same as in August 2023 and 0.2 percentage points lower than in October and November last year.

INE also published its final statistics for October, revising down the target rate from 6.7% to 6.6%.

“Unemployment rate [em outubro]which amounted to 6.6%, remained unchanged compared to the previous month and registered an increase of 0.3 percentage points compared to three months earlier and 0.5 percentage points compared to a year earlier,” he indicated this Monday in organizations.