SYNTHESIS INE@COVID-19, 2 mar-2021

March . 02 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 14/23 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt Employment The Services Employment Index recorded a year-on-year contraction of 8.2% in December 2020 (-8.3% in November). The Services Employment Index also accounted for: • A month-on-month rate of change of -1.0% in December (-0.2% in November); • An average annual rate of change of -5.9% in 2020 (1.4% in 2019). Services Employment Index (year-on-year rate of change) Total Services Wages and Salaries Index (year-on-year rate of change) Total Wages and salaries In year-on-year terms, the rate of change in the Index of wages paid in Services was -6.6% in December 2020 (-3.8% in November). The Index of Wages paid in Services also registered: • A month-on-month rate of change of -8.9% in December (-6.2% in December 2019); • An average annual rate of change of -4.7% in 2020 (+4.8% in 2019). Services Hours worked Index (year-on-year rate of change) Total Hour worked The rate of change in the Index of the Volume of Work in Services in December, measured by hours worked and adjusted for calendar effects, was -11.2% year-on-year (-12.4% in November). The Index of Volume of Work in Services also accounted for: • A month-on-month rate of change of -4.1% in December (-5.4% in December 2019); • An average annual rate of change of -12.2% in 2020 (+1.6% in 2019). In December, the month-on-month rate of change in the Services Turnover Index was 1.0% (-4.3% in the previous month). In the 4 th quarter of 2020, the Services Turnover Index declined by 13.3% compared to the same period in 2019 (-14.0% in the previous quarter). In 2020 as a whole, this index contracted by 15.3% (+2.8% in 2019). More information available at: Business turnover, employment, wages and hours worked indices in services – December 2020 (11 February 2021) -8.2% -10.0% -8.0% -6.0% -4.0% -2.0% 0.0% 2.0% 4.0% Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20 -6.6% -15.0% -10.0% -5.0% 0.0% 5.0% 10.0% Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20 -11.2% -35.0% -30.0% -25.0% -20.0% -15.0% -10.0% -5.0% 0.0% 5.0% 10.0% Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20