As of mid-2025, Portugal’s national unemployment rate is approximately 5.8%, showing a gradual decline from earlier in the year. This data reflects people actively seeking work as a proportion of the labour force. Additionally, underutilisation of labour, which captures people marginally attached to the labour force or those working fewer hours than desired, is higher. Youth unemployment remains substantially above the overall rate. The labour market has been improving, with employment increasing and the number of unemployed people decreasing, consistent with recent economic growth and labour market policies.