SYNTHESIS INE@COVID-19, 18 Jan-2021

January . 18 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt More information available at: Business turnover, employment, wages and hours worked indices in industry – November 2020 (8 January 2021) Employment and wages In November, the employment and hours worked indices registered year-on-year rates of change of -2.6% and -7.4% respectively (-3.0 and -8.1% respectively, in October), while the wages and salaries index grew by 1.7% (+0.2% in October). The employment, wages and hours worked indices registered month-on-month rates of change of +0.5%, +34.1% and -2.2% respectively (+0.1%, +32.2%, and -3.0% respectively, in November 2019). Employment, Wages, and Hours worked Index (year-on-year rate of change) Note: Index adjusted of calendar effects Industry Employment Index (year-on-year rate of change) Total Industry Employment Index (year-on-year rate of change) Hours worked -7.4% 1.7% -2.6% -8.1% 0.2% -3.0% Hours worked Wages and salaries Employment Oct-20 Nov-20 -2.6% -4.0% -3.5% -3.0% -2.5% -2.0% -1.5% -1.0% -0.5% 0.0% Dec-19 Nov-19 Jan-20 Mar-20 Apr-20 Feb-20 May-20 Aug-20 Jul-20 Jun-20 Sep-20 Nov-20 Oct-20 -7.4% -30.0% -25.0% -20.0% -15.0% -10.0% -5.0% 0.0% 5.0% Dec-19 Nov-19 Jan-20 Mar-20 Apr-20 Feb-20 May-20 Aug-20 Jul-20 Jun-20 Sep-20 Nov-20 Oct-20 page 8/13

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