Unemployment benefits fell by 2.4% in July, compared to the
previous month, and by 33.7% compared to the same period last year, totalling
159,768, according to monthly statistics published by Social Security.
"In the year-on-year variation, the numbers show a
decrease of 81,220 beneficiaries", stresses the Strategy and Planning
Office (GEP) of the Ministry of Labour, Solidarity and Social Security, which
prepares the monthly summary.
In July, females represented 58.4% of the total
beneficiaries of unemployment benefits and males 41.6%.
The number of recipients of unemployment benefit was
121,623, an increase of 0.2% compared to June and a decrease of 27.8% compared
to the same period of the previous year, that is, 46,889 less.
The initial social unemployment benefit was processed to
4,939 beneficiaries in July, a decrease of 1.4% monthly, a reduction of 30.8%
compared to the same month of 2021.
In the case of the subsequent social unemployment benefit,
there was an increase in beneficiaries in July, by 2.1% compared to June and by
109.7% compared to the same period last year, to 27,142 in July.
In July, the average value of unemployment benefits stood at
€550.19.
Misleading title. It's not that unemployment benefits are at a low, but the number of claimants which is correspondingly leading to spending on unemployment benefits being at a low. The title misleadingly suggests the government has been cutting the amount of unemployment benefit payable to each claimant, highly unlikely to be the case.
By Billy Bissett from Porto on 25 Aug 2022, 12:42