The Secretary of State for Employment welcomed today with the reduction in the unemployment rate to 11.1% in July, according to the provisional estimate of INE, ensuring that the Government maintains a “close monitoring” of market developments work.
“it is a positive indicator to add to the various indicators that we have had in recent months, whether data from the National Statistics Institute (INE) or the Employment and Vocational Training Institute (IEFP) . we are 10.8% [unemployment rate] quarterly, we have a proven track record of improvement that is clear in the labor market, unemployment IEFP last month is also the lowest level in seven years and these data are confirmed the trend of recent months, “said Miguel Cabrita Lusa.
according to the provisional estimate of INE released today, the unemployment rate was in July at 11.1%, identical to June, and there was a downward revision of June amounts to 11.1% compared to the initial estimate of 11.2%.
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