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New data Unemployment Rate (Oct)

11/29/2024

actual 6.6, previous 6.4

The event is the release of the Unemployment Rate for Portugal in October 2024. The actual unemployment rate reported is 6.6%, which is a 0.2% increase from the previous rate of 6.4%. The impact of this event is considered low. The currency affected by this data is the Euro (EUR). The estimate was 6.4%, so the actual rate was slightly higher than expected, showing a 3.125% increase from the estimate. This data provides insight into the labor market conditions in Portugal and can have implications for the country's economy and monetary policy.

This is not investment advice. Remember to verify the information provided here.

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