The government is of the opinion that data indicating a fall in unemployment and an improvement in employment mean a "sustainable evolution" of the labor market, but it does guarantee that the strategy will be "strengthened".
In response to the data released this morning, the number of unemployed registered with the employment offices fell by 20.6% in July, compared to the same period in 2017, to 330,587, thereby extending the minimum of the last 16 years, the state secretary for employment, Miguel Cabrita, said in a statement that this is "a continuing evolution and the visible translation of a political strategy".
"This is a trend that consolidates in terms of the evolution of the economy and the labor market, because since the start of the legislature more than 300 thousand jobs have been created in all sectors with some already observed salary dynamics," stresses that "unemployment has fallen at the expense of job creation ".
But still: "As long as there are unemployed people, we will reinforce our priority that we have given from the beginning to employment, especially the groups that are most exposed to this phenomenon," says Miguel Cabrita.
According to data from the Institute for Employment and Vocational Training (IEFP), the total number of unemployed registered in the country in July was lower than in the same month of 2017, with 85,700 fewer registrations, corresponding to a decrease of 20.6%.
The same trend was recorded in monthly installments, with the number of registered unemployed decreasing by 0.5%, which corresponds to fewer than 1.8 thousand registrations.
The reduction in the number of unemployed men (-43,362), adults aged 25 or older (-72,340), those who are registered for a year or more per year (-51,175), (-73,500) and those with basic education (-19,916) and secondary education (-18.750), according to the IEFP.
Moreover, the number of young unemployed in July (31,100) was the lowest in at least almost 30 years, while the long-term unemployed (160,500) were the lowest since early 2009.
In the memorandum, Miguel Cabrita points out that these are "groups with particular difficulties in the insertion into the employment market", which is why the data that showed the reduction are "relevant".
According to the IEFP data, 497,211 applications (16.2% on an annual basis) and 20,006 vacancies (17.8% less than the same month of 2017) also occurred in July.