Madeira Leads Portugal with Largest Drop in Unemployment
Despite the peak of the tourist season being over, Madeira is performing exceptionally well in the labor market this year.
Employment
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25 Posts
2001: A LIDL Odyssey
It’s been a remarkably long journey since LIDL, the German supermarket chain, initially unveiled its plans to establish stores in Madeira.
Labor Market and Economy Weaken
While the economy is still growing, several indicators show a decrease in economic activity and a worsening labor market.
Why Does LIDL Hesitate to Invest in Madeira?
LIDLs investment in Madeira has long been planned, yet nothing happened. Find out what´s going on!
Rise in Unskilled Labor Serves Madeira's Tourism Industry
Coinciding with Pestana's CEO's call for increased unskilled worker immigration to Madeira, recent data confirms a rise in the island's unskilled workforce.
Portuguese Work Longer Than EU-Average
Portuguese retire later than most Europeans and are also working more years than a decade ago.
Continente Opens Store In São Vicente, Investing €6 Million And Creating 60 Jobs
The SONAE group announced that it will start building a new supermarket in São Vicente.
Madeira Has The Lowest Unemployment Rate In Portugal
Unemployment in Madeira dips to 6.1%, the lowest nationwide. Until now, rising interest rates have minimal impact on job market resilience.
Pestana Group: €100 Million Net Profit In 2023
A gross minimum salary of €900 (plus allowances) is enough for Pestana Group to again score a €100 million net profit.
Pestana Hotel Group Pays Minimum Salary Of 900 Euros
Pestana Hotel Group garners positive feedback for setting its minimum wage €50 higher than the state-mandated €850. Why?
Statistics On Father's In Madeira
Here are some fresh insights on fathers in Madeira. Happy father's day!
