The gross monthly earnings per employee (per job) increased by 5.1% in the quarter ended in June 2021 (2nd quarter), compared to the same period of 2020, to €1,395. The gross regular monthly earnings increased by 4.6% and the base earnings increased by 4.2%, which reached €1,112 and €1,046, respectively. In real terms, considering the Consumer Price Index, the relative changes of those gross monthly earnings were 4.3%, 3.8% and 3.4%, respectively. These data concern nearly 4.2 million of employees, from Social Security’s beneficiaries and from subscribers of Caixa Geral de Aposentações.
The recent dynamics of the average monthly earnings in the quarter ended in June 2021 was affected by the significant decreased of enterprises covered by the new simplified layoff regime and the return to full earnings by employees in that regime. In fact, in June 2021 only 2.9% of the total enterprises had employees in the layoff regime (16.7% in March 2021), corresponding to 4.0% of the total employees (32.9% in March). In that period, the number of employees increased by 2.8% compared to a year before (had decreased by 2.2% in March). In June 2020, 26.7% of enterprises had employees in layoff, representing 48.9% of total employees.
As released in the Labour Force Survey of yesterday, the administrative data from the two sources above show an increase of employees by 2.8% compared to one year before (there was a decrease of 2.2% in March).