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Unemployment benefit recipients up 9% in March to 195,359
The number of unemployment benefit recipients in March increased by 9.1% year-on-year, but fell by 1.1% compared to February, totaling 195,359, according to monthly statistics published by Social Security.
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Economia Segurança Social
In relation to the previous month, there was a reduction of 2,237 beneficiaries in March, but, compared to the same month of the previous year, there was an increase of 16,252 beneficiaries, according to the summary of the Strategy and Planning Office (GEP) of the Ministry of Labour, Solidarity and Social Security.
Unemployment benefits are mostly requested by women, corresponding to 110,657 beneficiaries (56.6% of the total).
Taking into account only the unemployment subsidy, the number of beneficiaries totalled 153,208, a reduction of 1% in chain, but an increase of 12.4% compared to the homologous month.
The average monthly value of the unemployment subsidy in March was 641 euros, corresponding to a homologous increase of 4.2%.
In the case of the initial social unemployment subsidy, this benefit was processed to 11,294 beneficiaries, 6.1% less than in February and 13.5% more than in March 2023.
The subsequent social unemployment subsidy covered 22,197 beneficiaries, a decrease of 0.8% in monthly terms and 10.7% in the homologous comparison.
According to data from the Institute of Employment and Vocational Training (IEFP), published on Friday, the number of unemployed registered at employment centres fell by 1.9% in March compared to February, but rose by 6% in homologous terms, totalling 324,616.
Read Also: Couples with both unemployed increase 5.6% in March to 5,032 (Portuguese version)
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