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The labour market in Portugal, 2000-2024

Author

Listed:
  • Anabela Carneiro

    (Universidade do Porto, Portugal)

Abstract

The Portuguese labour market has stabilised after the 2010–2013 sovereign debt crisis, which pushed unemployment to a historic 18.5%. By 2025, the rate of unemployment has exhibited low-record levels reaching 5.9%. Long-term unemployment has declined, and the female employment rate reached historical values. Yet, several structural imbalances persist. Productivity levels remain low compared to European peers, and wages continue to struggle to keep pace with the cost of living.

Suggested Citation

  • Anabela Carneiro, 2026. "The labour market in Portugal, 2000-2024," World of Labour, LISER, pages 524-524, April.
    • Handle: RePEc:iza:izawol:journl:2026:n:524
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    Keywords

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    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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