Portugal - Wages and labour costs – data and outlook - August 31, 2016

The average net wage has increased by 4.55%, with the average employee earning 838 euro a month. This is compared to 802 euro workers received at the end of the first quarter in 2014 when the Troika abandoned Lisbon after a four-year stay. Two subsequent increases in the minimum wage, from 485 to 505 euro and then to 530 euro assisted in pushing up average earnings. The Labour Cost Index (working days adjusted) increased by 2.5% in the 2nd quarter of 2016, compared with the same period in 2015. In the previous quarter, a year-on-year increase of 0.7% was recorded. The OECD still stresses that structural reforms are needed to enhance growth and reduce labour market segmentation. It is admitted that these can be disruptive in the short run.

English: http://www.theportugalnews.com/news/average-wage-up-since-troika-departure …  

https://www.eurofound.europa.eu/observatories/eurwork/articles/working-conditions …

OECD Outlook: https://www.oecd.org/portugal/Employment-Outlook-Portugal-EN.pdf

Quarterly data: https://www.ine.pt/xportal … 

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, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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