The unemployment rate in Portugal stood at 8.4% last October, one tenth less than the level of the previous month and five tenths below the figure of a quarter ago, which equals minimum of February 2005 , according to the National Institute of Statistics (INE) of the country. Also, according to the preliminary calculations of the office, unemployment in the month of November stood at 8.2% . If this data is confirmed, the unemployment rate will have been at its lowest level since December 2004.

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