About
Employment is a fundamental pillar for ensuring a country’s social and economic development, promoting cohesion, inclusion, and equal opportunities. The implementation of effective employment measures, particularly active measures aimed at enhancing employability and integration into the labour market, is crucial for combating unemployment, supporting the most vulnerable groups, and encouraging continuous professional training, thereby contributing to a more dynamic, inclusive, and resilient labour market.
In recent years, the country has witnessed a decrease in unemployment, an increase in the active population, and growth in the number of people with higher qualifications. However, challenges remain, and without preventive or corrective initiatives, they tend to become more pronounced.
The intensity and duration of periods of unemployment, the disproportionate incidence of unemployment among certain age groups (particularly young people and NEETs), and low or absent qualifications all contribute to increasing inequality and weakening the labour market. There is a comprehensive framework of programmes and measures within public policy, including support for employability, vocational training, promotion of decent and sustainable employment, and the enhancement of qualifications and professional integration for various population profiles, such as people with disabilities, long-term unemployed individuals, and others in vulnerable situations. Nevertheless, there remains significant potential for social innovation and entrepreneurship, which must not be overlooked.
The One Value portal provides an overview of public investment across different population groups in employment-related areas: young people, adults, people with disabilities, long-term unemployed individuals, and others in vulnerable situations. The values presented correspond to those set out in the relevant legal instruments, published annually, in national or international studies, or other reference documents.
Public Policy Priorities
Within the framework of the financing instruments managed by Portugal Inovação Social – Social Impact Bonds and Social Impact Contracts – the public entities responsible for implementing sectoral policy have identified priority public policy themes for the development of social innovation and entrepreneurship projects that address social issues based on outcomes or verified public expenditure savings.
To find more about it, click here (Portuguese only).