Economy
Share of older workers in unemployment benefits rises
A Banco de Portugal study reveals that workers over 50 accounted for 26% of unemployment benefit entries in 2025, up from 21% in 2015. Over the same period, the average replacement rate (the subsidy relative to the previous salary) fell from 70% to 64%, with lower earners receiving a higher percentage of their previous salary (69%) compared to high earners (49%).
Why it matters
This study highlights that older workers are a growing share of the unemployed population and that, should you become unemployed, the benefit you receive relative to your previous salary has declined over the last decade.Correio da ManhãRead original ↗
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