Traditional lay-offs halved in May By TPN/Lusa, in Business · 25-06-2021 01:00:00 · 0 Comments
The number of workers on traditional ‘lay-offs’, i.e. those provided for in the Labour Code, fell by half in May compared to April, to a total of 7,927, according to social security statistics.
The 7,927 regular lay-offs recorded in May compare to 15,529 in April, of which 4,906 were reductions in working hours and 3,021 suspension of work contracts.
According to the Synthesis of statistical information of Social Security prepared by the Office of Strategy and Planning (GEP) of the Ministry of Labour, Solidarity and Social Security, the 3,021 benefits that in May resulted from temporary suspension of the work contract correspond to 1,904 less than those observed in the previous month.
The unemployment rate was 6.6 percent in March, less 0.2 percentage points compared to February and another 0.3 percentage points comparing to the last year,.
Algarve unemployment grew significantly in 2020, but not to highs of 2013 By TPN/Lusa, in Algarve, News · 19-01-2021 12:00:00 · 0 Comments
Last month closed with around 31,000 people unemployed in the Algarve
Unemployment in the Algarve grew significantly in 2020, but did not reach the highs of 2013. Provisional data from December 2020 shared in an interview with Sul Informação by Madalena Feu, Algarve delegate for the Institute of Employment and Professional Training (IEFP), showed last month closed with around 31,000 people unemployed in the Algarve. By municipality, Albufeira was most affected by unemployment in 2020, follwed by Loulé and Portimão.