Portugal’s unemployment rate remained unchanged at 5.6% in September 2026, matching a more than 24-year low recorded earlier this year. The gender gap persisted, with unemployment at 6.1% among women and 5.0% among men. The adult unemployment rate also held steady at 4.6%, its lowest level since April 2002, while youth unemployment stood at 19.1%. The number of unemployed people fell by 5,000 to 313,000, while employment declined by 4,900 to 5.326 million. Consequently, the employment rate edged down to 65.8% from 65.9%, and the labor force participation rate eased to 69.6% from 69.8%. Both indicators have retreated since reaching record highs in May 2026. Meanwhile, the broader labor underutilization rate, which includes unemployed, underemployed, and marginally attached workers, remained unchanged at 9.6%.