Job Market Monitor
Portugal
Portugal – Raising skills remains a priority and lifelong learning activities should focus more on the low skilled OECD says
Despite significant progress made, improving skills remains one of Portugal’s key challenges for raising growth, living standards and well-being. Upskilling the adult population remains a priority and lifelong learning activities should focus more on the low skilled. While active labour market policies have increased their training content in recent years, spending per unemployed is still … Continue reading
Portugal / The crisis has destroyed one in seven jobs says ILO
Portugal’s economic crisis has destroyed one in seven jobs, with most of them lost since its 2011 emergency bailout programme kicked in, says the International Labour Organization Continue reading
Europe / Youth Unemployment: A Map
This map from Reuters shows the current levels for the crisis in Europe Continue reading
Portugal / Unemployment Rate 2Q: 16.4%
Portugal Unemployment Rate 2Q: 16.4% Continue reading
Greece, Spain and Portugal / The Limits to the Unemployment Benefit Safety Net
Unemployment benefits are one of the safety nets available for people affected by the economic crisis in Greece, Spain and Portugal. This system — along with other social benefits such as pensions and increased remittance inflows from family members abroad, as well as aid from family members at home and, to some extent, informal economic activities — is somewhat … Continue reading
Germany / To Help Spain, Portugal and Greece and Greece on youth unemployment
The German government on Wednesday (22 May) announced a series of conferences and bilateral programmes to help youngsters from Spain, Portugal and Greece find a job, as regional statistics show 17 times more unemployed youngsters in northern Greece compared to Bavaria. According to the EU’s statistical office Eurostat, youth unemployment in the northern-Greek region of … Continue reading
Portugal / To lift retirement age and working hours
Lisbon plans to increase the retirement age and make public sector employees work an extra hour daily as part of a package of new spending cuts needed to avoid bankruptcy and remain in the euro. Lisbon plans to raise the retirement age and make public sector employees work an extra hour daily as part of … Continue reading
Portugal / To cut 30,000 civil service jobs
Portugal is planning to cut 30,000 civil service jobs and to raise the retirement age by one year to 66 as it tries to meet the terms of a bailout. Prime Minister Pedro Passos Coelho said civil servants would also be required to work 40 hours a week instead of 35. The proposals, which would … Continue reading
Iberian Peninsula: Protesters for “6.2 million reasons”
The Iberian Peninsula has once again been engulfed in protest, as police used brute force to disperse thousands in front of the Spanish Parliament in Madrid while in Portugal citizens climbed on top of a tank to make themselves heard. Police detained at least 15 in Madrid, including one minor, as they used force to … Continue reading
Europe’s lost generation / Youth unemployment exceeds 60 percent in Greece, is above 50 percent in Spain and tops 40 percent in Portugal
Children across Europe are being driven into poverty by harsh government austerity and youth unemployment is soaring, threatening to create “lost generations” that could fire up a new continental crisis. Global charity Caritas said on Thursday that around three out of every 10 children in Greece, Ireland, Portugal, Italy and Spain are in or have … Continue reading
Portugal – Unemployment highest ever
Portugal’s unemployment rate rose to 15 percent in the second quarter, its highest level ever, the national statistics body INE said Tuesday. In the first quarter, the jobless rate had been 14.9 percent. More than 820,000 Portuguese are now out of work as the recession deepens… via Portuguese unemployment highest ever – International | IOL … Continue reading
Crazy Statistics about The European Crisis
doesntevenmakesense.com has gathered the following statistics about the European economic crisis that are ‘almost too crazy to believe….’ Greece #1 The Greek economy shrank by 6 percent during 2011, and it has been shrinking for five years in a row. #2 The average unemployment rate in Greece in 2010 was 12.5 percent. During 2011, the average unemployment rate was 17.3 … Continue reading
Talent War | Germany Woos Portugal’s Lost Generation – SPIEGEL ONLINE
“The crisis-hit nations of southern Europe have one booming industry left — their skilled workers are in high demand in Germany, which has a chronic shortage of qualified labor. German employers in search of nurses and engineers have launched a recruitment drive in Portugal, where over a third of young people are unemployed” writes Christoph Paulyon spiegel.de. … … Continue reading
Recession has Portugal urging citizens to leave to find work – USATODAY.com
For nearly 600 years, Portugal had one of the greatest colonial empires in Europe, commanding trade centers in Africa, South America and China. Ana, a 28-year-old unemployed Portuguese woman, waits in line in Lisbon on Jan. 3 to discuss her unemployment benefits. Austerity measures have made it difficult for many Portuguese to find work. Now, … Continue reading
EU tells Greece to cut more jobs, sees 2014 growth | Reuters
The Greek economy will only return to growth in 2014 after a four-year recession that will shrink output by 17 percent, EU officials said on Tuesday, warning Athens it needs to cut wages further to bring its public debt to manageable levels. Speaking hours after euro zone finance ministers agreed a 130 billion euro ($172 … Continue reading
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