The unemployment rate in the eurozone in November stood at 11.5%, stable compared with October but down from 11.9% in November 2013.
For Portugal, November’s rate of 13.9% was a shade higher than the 13.6% in October but a healthy drop from 15.4% in November 2013.
Nevertheless, there were 714,000 people registered as unemployed. While that was down from 804,000 a year ago, the number of people without work has been gradually escalating from August through September and October.
|
Nov 13 |
Aug 14 |
Sept 14 |
Oct 14 |
Nov 14 |
|
804,000 |
693,000 |
684,000 |
696,000 |
714,000 |
|
15.4% |
13.5% |
13.3% |
13.6% |
13.9% |
Portuguese youth are still suffering exceedingly low job prospects. The unemployment rate was 34.5% in November compared to 35.6% a year earlier.
|
Nov 13 |
Aug 14 |
Sept 14 |
Oct 14 |
Nov 14 |
|
136,000 |
128,000 |
125,000 |
124,000 |
128,000 |
|
35.6% |
33.2% |
33% |
33.3% |
34.5% |
Across the eurozone, 18,394,000 people struggled without work.
The highest unemployment rates are in Greece (25.7%) and Spain (23.9%). Both Greece and Spain reported good drops from the year before, namely from 28% and from 25.8% respectively.
Cyprus reported the third highest rate, having pushed Portugal into fourth place.
Lowest unemployment rates remain in Austria and Germany, both at 5%.
Comments
Odd ? Or are you aware of the horrendous fear still stalking Portugal. The unresolved uncertainty about the fate of relatives through almost all the 1900's - who disappeared. Possibly killed by the 'authorities'. Often following 'information' - quite often wrong - from tens of thousands of informers.
Or were returned to their loved ones maimed in mind or body.
Today the same system of policing, relying on informal and formal 'informers' is still alive and well. Why else are so many foreigners building works officially inspected - some repeatedly? Others not at all - until too late and the fines roll in.
Anger. Of course ... but bottled up. Causing stress, depression and alienation.
Bem-vindo a Portugal !