In the 1st quarter of 2022
Estimated unemployment rate in the Autonomous Region of Madeira stood at 7.5%
The Labour Force Survey results, for the 1st quarter of 2022, indicate that the unemployment rate for the Autonomous Region of Madeira was estimated at 7.5%. This value increased by 0.9 percentage points (pp) when compared to the previous quarter and decreased by 2.1 pp from the same quarter of last year. Compared to the 4th quarter of 2019 (pre-pandemic COVID-19 period), the increase was 0.1 pp.
The estimated unemployed population in the Autonomous Region of Madeira stood at 9.8 thousand persons, dropping by 20.7% from the same quarter of last year (2.5 thousand persons) and rose by 15.3%, compared to the previous quarter (1.3 thousand persons).
The employment rate of the population was estimated at 121.1 thousand persons, representing a year-on-year increase of 4.0% (4.7 thousand) and a quarterly growth of 0.6% (0.7 thousand).
The activity rate of working-age people (aged 16 to 89), in the 1st quarter of 2022, was estimated at 60.2%, up by 0.7 pp to the same quarter of last year and 0.9 pp. from the previous quarter. The activity rate for women was 56.5%, lower than that of men (64.4%) by 7.9 pp.
The inactive population stood at 122.2 thousand persons in the reference quarter, decreasing by 1.8% quarter-on-quarter and from the previous quarter.
The unemployment rate for Portugal decreased by 5.9%, - 0.4 pp from the previous quarter and by 1.2 pp from the same quarter of the previous year.
The Autonomous Region of Madeira (7.5%) and Algarve (7.0%) recorded the highest unemployment rates in the reference quarter, with Alentejo (5.1%), Norte (5.4%) and Centro (5.4%) having the lowest rates.
In four of the 7 NUTS2 regions of the country, the unemployment rate decreased in quarterly terms, with the largest falls being registered in the Autonomous Region of Azores (-1.6 pp) and in Norte (-1.1 pp). In year-on-year terms, the rate of unemployment decreased in all regions of the country. Algarve was the region with the largest change (-3.2 pp) followed by Autonomous Region of Madeira (2.1%).
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