The Bank of Portugal has released its winter economic outlook, forecasting a growth of both employment and wages in the private sector. The bank expects the economy to pick up due to increased foreign demand. The government has welcomed the report as positive, whereas opposition parties have reacted sceptically. The bank warns that the private sector employment growth will not offset the public sector decline.
English: http://theportugalnews.com/news/more-jobs-and-more-pay/30129
For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.