SYNTHESIS INE@COVID-19, 25 Jan-2021

January . 25 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 8/21 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt Employment In November, the Services Employment Index contracted by 8.4% year-on-year in November (-8.3% in October). The month-on-month rate of change in the Employment Index was -0.3% (-0.6% in October). 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 Year-on-year, the rate of change regarding the index of wages and salaries effectively paid in Services increased from -6.2% in October to -4.1% in November. In November, compared to the previous month, the Wages and Salaries Index in Services recorded a rate of change of +31.3% (+28.5% in the same month of 2019). Services Hours worked Index (year-on-year rate of change Total Hours worked The rate of change in the Work Volume in Services Index in November, measured by hours worked and adjusted for calendar effects, was -11.4% year-on-year (-12.7% in October). In November, the Work Volume in Services index registered a month-on-month rate of change of -1.1% (-2.5% in the same month of 2019). More information available at: Business turnover, employment, wages and hours worked indices in Services – November 2020 (12 January 2021) -11.4% -35.0% -30.0% -25.0% -20.0% -15.0% -10.0% -5.0% 0.0% 5.0% 10.0% Nov-19 Jan-20 Mar-20 May-20 Jul-20 Sep-20 Nov-20 -6.1% -15.0% -10.0% -5.0% 0.0% 5.0% 10.0% Nov-19 Jan-20 Mar-20 May-20 Jul-20 Sep-20 Nov-20 -8.4% -10.0% -8.0% -6.0% -4.0% -2.0% 0.0% 2.0% 4.0% Nov-19 Jan-20 Mar-20 May-20 Jul-20 Sep-20 Nov-20 The month-on-month rate of change in the Services Turnover Index in November was -4.2% (+1.0% in the previous month).