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The average salary in Lisbon is at € 1,174 but 17% earn less than € 600, the number of bankruptcies down sharply

The average salary in Lisbon is at € 1,174 but 17% earn less than € 600, the number of bankruptcies down sharply

The Union of Trade Unions of Lisbon, the USL, unveiled last Friday the latest figures concerning the remuneration of workers in the Portuguese capital. The average salary in the district of Lisbon is currently 1,171.9 euros monthly, but 17.7% of workers receive less than 600 euros and 29.2% earn between 600 and 900 euros. These figures, to which everyone can say what he wants, show in any case large wage inequalities in a capital whose cost of living has continued to explode in recent years, to become ultimately more expensive than other European capitals. Also, corporate bankruptcies have halved since the peak of 2015, but remain at a high level. What are the wage figures of the Lisbon workers? What is the wage trend in the Portuguese capital? Lisbob, the expatriate assistant in Portugal, tells you all about these figures released by the USL.

Risk of poverty decreased but 17% of Portuguese lives with less than 501 net euros per month

Risk of poverty decreased but 17% of Portuguese lives with less than 501 net euros per month

As each end of the year, the different Portuguese statistical institutes unveil their final analyzes of the previous year. INE, the Portuguese National Statistics Institute, has released its report on the Living and Income Survey in Portugal for the year 2018. The risk of poverty has decreased by a tenth last year, affecting 17.2% of the population. Despite the decline, the most little in four years, about 2.2 million people are at risk of poverty or social exclusion in Portugal. Also, the study reveals that nearly one in five Portuguese earns less than 501 euros. What are the figures of the INE survey on the Portuguese population? Lisbob, the expatriate assistant in Portugal, tells you all about the figures of poverty in the Portuguese population.