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The National Institute of Statistics (INE) released the main indicators of activity, employment and unemployment for the month of May. The unemployment rate stood at 8.1%, representing a decrease of 0.1 percentage point from March 2018 and an increase of 0.2 percentage point from May of the year. 39, previous year.
The report published this Friday 6 by the INE comes from the survey Continuous Household Survey. He details that the nationwide activity rate was 62.2% in May, while it was 62.1% in March. Compared with May 2017, this variable shows a 0.6 percentage point decrease
Similarly, the employment rate in May was 57.2%, or 0.2 percentage point. percentage higher than the previous month (57.0%) and 0.6 less than in May 2017 (57.8%).
Finally, the one-time estimate of the unemployment rate for the country as a whole in May stands at 8.1%, a 0.1 percentage point difference from March 2018 (8.2%) and 0.2 percentage point higher than May of the previous year (7.9%).
Source: Presidency
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