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INE's Q1 2026 Quarterly LFS Bumps Unemployment to 6.1% After 38,700 Net Job Losses in Three Months — Subutilização Tips to 10.2%, Youth Joblessness Eases to 19.1%, Long-Term Unemployed Reach 35.6% as the Trabalho XXI Debate Opens at São Bento

INE's Q1 2026 Quarterly LFS Bumps Unemployment to 6.1% After 38,700 Net Job Losses in Three Months — Subutilização Tips to 10.2%, Youth Joblessness Eases to 19.1%, Long-Term Unemployed Reach 35.6% as the Trabalho XXI Debate Opens at São Bento

INE's Q1 2026 quarterly LFS lifts unemployment to 6.1% — up 0.3pp on Q4 and the first interruption in a year-long descent. Economy shed 38,700 net jobs in three months, subutilização tipped to 10.2%, 588,000 inside the underutilisation perimeter, youth jobless down to 19.1%, long-term at 35.6%.
The Portugal Brief
REN's April 2026 Balance Shows 60% Renewables Inside a 30.9% Hydro Collapse — Wind Carries 19% and Solar 14% as Natural Gas Output Jumps 66.6% to Cover the Hydric Gap, Net Imports Print at 26% of Consumption

REN's April 2026 Balance Shows 60% Renewables Inside a 30.9% Hydro Collapse — Wind Carries 19% and Solar 14% as Natural Gas Output Jumps 66.6% to Cover the Hydric Gap, Net Imports Print at 26% of Consumption

REN's April 2026 balance reads 60% renewables inside a 30.9% YoY collapse in renewable output. Hydro fell 49.3%, gas jumped 66.6% to cover the gap, solar climbed 37.4%, net imports held at 26% of consumption. YTD renewable share 76% but inside -4.7% renewable output.
The Portugal Brief
Cabinet Files the Final Trabalho XXI Text in the Assembleia After 50 Amendments — Fixed-Term Cap Restored to Three Years, Individual Hour Bank Returns at 50 Hours a Week, Father's Birth Leave Doubles to 14 Days, Parental Subsidy Splits at 90% and 100%

Cabinet Files the Final Trabalho XXI Text in the Assembleia After 50 Amendments — Fixed-Term Cap Restored to Three Years, Individual Hour Bank Returns at 50 Hours a Week, Father's Birth Leave Doubles to 14 Days, Parental Subsidy Splits at 90% and 100%

Cabinet sent the Trabalho XXI labour-reform proposal to parliament on Thursday with 50+ amendments to the August draft, 12 sourced from UGT. Fixed-term cap restored to three years, hour bank reinstated at 50 hours a week, father's birth leave doubles to 14 days, parental subsidy splits at 90/100%.
The Portugal Brief
Ibersol Pays €5.97 Million for a 75% Stake in Ten Galicia KFC Restaurants — Lisbon-Listed Operator Closes Gallaecia Buy-Out at a €9.6 Million Valuation, Iberian-and-Angolan Network Now 562 Units

Ibersol Pays €5.97 Million for a 75% Stake in Ten Galicia KFC Restaurants — Lisbon-Listed Operator Closes Gallaecia Buy-Out at a €9.6 Million Valuation, Iberian-and-Angolan Network Now 562 Units

Ibersol completed the buy-out of Gallaecia's KFC franchise in Galicia on 27 March 2026, paying €5.97 million for the remaining 75% of six companies running ten KFC restaurants. The deal values the group at €9.6 million. Lisbon-listed Ibersol now runs 562 units across Portugal, Spain and Angola.
The Portugal Brief