Compared to 2020, average hourly labour costs across the economy increased by 1.2 percent in the euro area and 1.7 percent in the EU.
Among Member States, average hourly labour costs varied between Bulgaria (€7), Romania (€8.5) and Latvia (€11.10) – with the lowest – and Denmark (€46.90), Luxembourg (€43) and Belgium (€41.60) – with the highest.
In the euro area, the indicator dropped in Italy (-1.6 percent) and Spain (-0.3 percent), having increased in the remaining 17 countries, with the biggest increases being recorded in Lithuania (12.5 percent), Estonia (6.5 percent), Cyprus and Slovenia (6.2 percent each).
In Portugal, average hourly labour costs rose from €15.70 in 2020 to €16 in 2021, according to the EU statistics service.
Among Member States outside the euro area, the largest year-on-year increases in the indicator were recorded in Bulgaria (9.1 percent), Poland (8.2 percent) and Hungary (7.3 percent) and the smallest increases were in Sweden and Croatia (3 percent each).
This is why Golden visa ex-pats and tourists commenting how they paid all their taxes and therefore don´t owe anyone anything should lose the hypocrisy. Does it look like tourism and golden visa profits are channelled towards helping locals´ lives improve? Ah, I thought so, too.
By guida from Lisbon on 31 Mar 2022, 06:04
Guida, you are definitely right but it would have to start by the government - a lot less corruption, a lot less paperwork, more transparency at all levels; not to forget the banking system which needs to serve customers instead of themselves.
By K from Other on 31 Mar 2022, 08:51
I share your frustration at the low wages in Portugal, Guida, but I think your frustration is misplaced.
Expats and tourists contribute to the economy, they are not responsible for low wages.
The main cause of Portugal's uncompetitive economy is the governments fiscal policy; they spend too much and tax too highly, creating an environment that isn't attractive to overseas businesses who could invest in Portugal and employ the highly competent Portuguese people.
This would create competition for talent and drive wages up naturally, without overburdening us citizens who are already propping up a bloated and ineffecient civil service.
By Quentin Ferreira from Lisbon on 31 Mar 2022, 11:49
Quentin you have said it exactly right. Agree with your assessment. But nothing will change while PT is run by civil ‘servants’ who forget who pays their wages!
By L from Other on 01 Apr 2022, 10:23
I hope people differentiate between foreigners that decided to live here and tourists. I am not a Golden Visa, but coming from another EU country. I am paying taxes and social security. I am consuming and contribute to the economy (rent, food, fuel, vacation etc. pp.). Guida are you considering me as local? I am asking because I think some people here do not understand that.
By mui from Lisbon on 01 Apr 2022, 19:20
Went into the local Camara office in Ponte De Lima to voice a complaint about a local business...Took a number and watched for 4 individuals sit and talk for 5 minutes in an empty waiting area...No...I would say you are paid what you are worth...Stop blaming others and look at yourself in the Mirror...You are the problem...
By Sakamoto Suarezz from Lisbon on 02 Apr 2022, 18:13