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The explanation for the apparent turn around is Daesh. Tourism imploded in North Africa and suddenly Portugal became very attractive. The vast majority of news jobs are either summer time stints or internships. In August the unemployment rate was already expanding again and should jump further in September.

Apart from that, now more than 20% of the employed workforce is earning the minimum wage: 505 €/month.

You might find me At The Edge Of Time.

by Luis de Sousa (luis[dot]a[dot]de[dot]sousa[at]gmail[dot]com) on Wed Sep 30th, 2015 at 02:53:43 AM EST
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In the US we call that a recovery, and the Fed threatens to raise interest rates.  And we don't even have a national health plan to shore up that minimum wage.
by rifek on Wed Sep 30th, 2015 at 10:50:31 PM EST
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