Economic Indicators

Portugal’s third-quarter jobless rate edges up to 5.8%


FILE PHOTO: People wait at the employment center to open in Sintra, Portugal, May 11, 2015. REUTERS/Hugo Correia/File Photo

(Reuters) — Portugal’s unemployment rate edged higher to 5.8% in the third quarter from 5.7% in the previous three months, but fell from 6.1% a year ago, official data showed on Wednesday.

Between July and September of this year, the total number of those unemployed increased by 2.3% to 305,800 people from the second quarter and fell 4.1% from the same period last year, the National Statistics Institute said.

The total workforce was little changed compared to the previous quarter at 5.2 million people.

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