EDUSTAT reveals that from 2017 to 2022, the unemployment rate of the active population with completed higher education – corresponding to the level of education that includes university and polytechnic education – fell by 2%, from 6.4% in 2017 , to 4.4%, in 2022.
EDUSTAT – Education Observatory developed by EDULOG, the Belmiro de Azevedo Foundation’s think tank for Education, revealed the main official indicators on the job market in Portugal.
“About to mark another World Workers’ Day, EDUSTAT – Education Observatory launches its first fact sheet, a document that aims to summarize the main official indicators on the labor market in Portugal”, the statement said.
Currently, Portugal has an active population rate (employed and unemployed) of 65.8%, according to data from 2021, reveals the analysis. In a more detailed assessment, we see a higher percentage the higher the level of education. The study reveals that 85.8% of people with higher education are active in the population; Only 50.5% of people with basic education fall into this category.
In 2021, Portugal had a 34% inactive population, between 15 and 74 years old.
According to the most recent data, which report to 2021, the unemployment rate in the total active population, by level of education, is 6.7% in the population with basic education, 7.9% with secondary education and 5.3% with higher education.
“From 2017 to 2022, the unemployment rate of the active population with completed higher education – corresponding to the level of education that includes university and polytechnic education – fell by 2%, from 6.4%, in 2017, to 4 .4%, in 2022”, according to the Observatory, which highlights that in these 5 years the trend has always been for the rate to fall, with the exception of 2020, in which there was an increase of 0.5% compared to the previous year .
Last year, young people between the ages of 18 and 24 did not complete compulsory education, the study reveals.
In 2021, graduates had average monthly earnings of 1,939 euros.
According to data from 2020, women’s income represented 83% of men’s earnings.
Regarding the risk of poverty rate after social transfers, EDUSTAT reveals that in recent years, the risk of poverty rate after transfers of social support received by the State has had some fluctuations.
According to the most recent data, in 2022, the rate was 22% in the population with basic education, 13.8% in the population with secondary education and 5.5% in the population with higher education.
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