Portugal’s unemployment rate remained steady at 5.8% in March 2026, slightly above the record lows of late 2025. A persistent gender gap kept women’s unemployment at 6.3%, compared to 5.3% for men. The adult unemployment rate inched up to 5.0%, from 4.7% recorded from November 2025 to January 2026, while the youth unemployment rate dropped to 18.1%, its lowest level since October 2022. The total number of unemployed rose by 2,400 to 328,400, while employment increased by 4,900 to 5.30 million. Both the employment rate (65.7%) and labor force participation rate (69.8%) remained unchanged. The broader labor underutilization rate, which includes the unemployed, marginally attached workers, and underemployed part-time workers, stood at 9.8%.