SYNTHESIS INE@COVID-19, 21 Oct -2020

October . 21 . 2020 SYNTH SIS IN @ COVID-19 www.ine.pt page 3/11 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt More information available at: Business turnover, employment, wage and hours worked indices in Services – August 2020 (12 October 2020) Employment The Services Employment Index registered a year-on- -year decrease of 8.4% in August (-8.9% in July). Themonth-on-month rateof change in theEmployment Index was nil in August (+0.3% in July). Services Employment Index (year-on-year rate of change) Total Services Wages and Salaries Index (year-on-year rate of change) Total Services Hours worked Index (year-on-year rate of change) Total -8.4% -10.0% -8.0% -6.0% -4.0% -2.0% 0.0% 2.0% 4.0% Aug-19 Oct-19 Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Wages and Salaries In year-on-year terms, the rate of change of the Wages and Salaries Index in Services was -6.2% in August (-7.3% in July). In comparison with the previous month, the Wages and Salaries Index registered a rate of change of -9.3% in July (-10.4% in August 2019). -6.2% -15.0% -10.0% -5.0% 0.0% 5.0% 10.0% Aug-19 Oct-19 Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Hours worked The rate of change in theWork Volume in Services Index in August, measured by hours worked and adjusted for calendar effects, was -10.8% in year-on-year terms (-14.5% in July). The month-on-month rate of change in the Work Volume in Services Index, in August, was -1.1% (-5.2% in the same period of 2019). -10.8% -35.0% -30.0% -25.0% -20.0% -15.0% -10.0% -5.0% 0.0% 5.0% 10.0% Aug-19 Oct-19 Dec-19 Feb-20 Apr-20 Jun-20 Aug-20