Portugal jobless rate slips to 6.5% in March

Workers unload containers using a forklift at a port in Lisbon September 6, 2013. Portugal's economy recovered from a deep slump in the second quarter with gross domestic product rising 1.1 percent after dipping 0.4 percent in the first quarter, data showed on Friday.

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(Reuters) - Portugal's monthly unemployment rate slipped to 6.5% in March from a revised reading of 6.6% in February, the National Statistics Institute (INE) said in its flash estimate on Thursday.

The labour underutilisation rate remained unchanged at 11.4% from the previous month.

The youth unemployment rate (16-24 years old) decreased to 22.3% in March, from a revised 22.4% in the previous month, but rose from 19.5% a year ago, the INE said.

(Reporting by Maria Luiza Amaral)

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