Portugal’s unemployment rate decreased to 5.7% in November 2025, the lowest since April 2020, from 5.8% in the previous month. The total number of unemployed fell by 9 thousand to 318.8 thousand, while employment decreased by 21.5 thousand to 5.285 million. The labor force participation rate rose to 69.7% from 69.6% and the employment rate increased to 65.8% from 65.6%. Meanwhile, the labour underutilisation rate was estimated at 9.8%, down from 10% in October. A year earlier, the jobless rate was higher at 6.6%.