Available in: Share article

Portugal is among the countries at EU level which have registered the highest year-on-year decrease in unemployment

Portuguese unemployment decreases to 6.8% in 2018, one of the best performances at EU level

  • October 03, 2018 10:15
  • Author Olya Georgieva
Medium compass 2646437 960 720
Source: Pixabay

On the year-on-year comparison, Portugal's performance in employment has placed the country amongst those at EU level which have registered the greatest fall, going from 8.8% in 2017 to 6.8% in 2018. According to the data released by Eurostat, unemployment decreased to 8.1% in the Eurozone and to 6.8% in the EU in August. European unemployment hasn’t been this low since 2008.

Last month the Czech Republic (2.5%), Germany and Poland (both with 3.4%) registered the lowest unemployment rates in Europe. On the other hand, Greece (19.1% in June) and Spain (15.2%) have the highest unemployment rates. In terms of the year-on-year evolution, Cyprus had the best performance (going from 10.5% to 7.5%), followed by Croatia (10.9% to 8.5%), Greece (21.3% to 19.1%) and Portugal (8.8% to 6.8%).

Source: econews.pt