SYNTHESIS INE@COVID-19, 15 Sept -2020

September . 15 . 2020 SYNTH SIS IN @ COVID-19 www.ine.pt page 12/15 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt Employment The Services Employment Index registered a year-on-year decrease of 8.9% in July (-8.3% in June). The month-on-month rate of change in the Employment Index was +0.3% in July (-8.3% in June). Wages and Salaries In year-on-year terms, the rate of change of the Wages and Salaries Index in Services was -7.5% in July (-9.0% in June). In comparison with the previous month, the Wages and Salaries Index registered a rate of change of -2.0% in July (-3.6% in July 2019). Hours worked The rate of change in the Work Volume in Services Index, in July, measured by hours worked and adjusted for calendar effects, was -15.2% in year-on-year terms (-16.4% in June). The month-on-month rate of change in the Work Volume in Services Index, in July, was +8.4% (+6.9% in the same period of 2019). 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 -8.9% -10.0% -8.0% -6.0% -4.0% -2.0% 0.0% 2.0% 4.0% Jul-19 Sep-19 Nov-19 Jan-20 Mar-20 May-20 Jul-20 -7.5% -15.0% -10.0% -5.0% 0.0% 5.0% 10.0% Jul-19 Sep-19 Nov-19 Jan-20 Mar-20 May-20 Jul-20 -15.2% -35.0% -30.0% -25.0% -20.0% -15.0% -10.0% -5.0% 0.0% 5.0% 10.0% Jul-19 Sep-19 Nov-19 Jan-20 Mar-20 May-20 Jul-20 More information available at: Business turnover, employment, wage and hours worked indices in Services – July 2020 (11 September 2020)

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