Unemployment has already reached 923 thousand people

13/02/2013 in Público

The figures released this Wednesday by the National Statistics Institute (INE) show that unemployment rate has increased to 16.9% in the last quarter of 2012, compared with 14% at the end of 2011.

The number of people employed continued to decline and is at its lowest level since 20 years. According to the INE, there were 4,531,800 people working, “which represents an annual decrease of 4.3% quarterly and 2.7% (less 203,600 and 124,500 people respectively)” .



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