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Portugal: Unemployment drops to 5.5% in May, lowest since 2002

Portugal's unemployment rate falls to 5.5% in May, down from 5.7% in April.

Published 11sem1 sourceNotable
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5.7 %
5% in May, down from 5.7% in April

The fact

The decline reflects economic recovery driven by tourism and investment.

The government welcomes the data but warns of potential future slowdowns.

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