European economy

Recovery of employment and growth of the Portuguese economy

One of the main characteristics of the recent economic recovery in Portugal has been the surprising progress of the labour market. In fact, between 2014 and 2017, the number of jobs grew by more than 351,000, which represents an average annual growth of 1.9%, slightly higher than the average GDP growth of 1.8% in the same period. What are the main factors that are contributing to this change? The relationship between GDP and employment: before and after the financial crisis Between Q4 2013 (the period that marks the beginning of...

Monthly Report - Focus