SYNTHESIS INE@COVID-19, 11-may-2020

May . 11 . 2020 page 3/14 Communication Unit | tel: +351 21 842 61 00 | sci@ine.pt www.ine.pt SYNTH SIS IN @ COVID-19 Hours effectively worked In the 1 st quarter of 2020, an average of 1.5 hours less per week was effectively worked than in the previous quarter. The reduction in the average number and volume of hours effectively worked can be explained by the increase in the employed population who were absent from work during the reference week and whose hours worked (zero) were accounted for in these indicators, as well as by the reduction in ours worked in the working day that may have occurred in some enterprises. The number of employees who effectively worked in the reference week of the survey (4,413.7 thousand) decreased by 154.1 thousand (3.4%) vis- à-vis the previous quarter and by 170.3 thousand (3.7%) vis-à-vis the same period last year. Inactive population characteristics The quarterly increase in the inactive population in the first quarter of 2020 was 65.5 thousand people - the highest increase in the series started in 2011 in a 1 st quarter. Focussing the analysis on the inactive population aged 15 and more that stopped working in 2020 (50.8 thousand people), it can be observed that 39.1%of them indicated that they stopped working for reasons such as termination by mutual agreement, layoff or end of own business. 33,0% -30,0% -20,0% -10,0% 0,0% 10,0% 20,0% 30,0% 40,0% 1Q12 1Q13 1Q14 1Q15 1Q16 1Q17 1Q18 1Q19 1Q20 Quarterly rate of change in the 1st quarters of the employed population absent from work in the reference week Quarterly rate of change in the 1st quarters of the volume of hours actually worked per week 1Q12 1Q13 1Q14 1Q15 1Q16 1Q17 1Q18 1Q19 1Q20 -5,2% -6,0% -4,0% -2,0% 0,0% 2,0% 4,0% 6,0% 8,0%