Portugal's Q1 2026 Real-Wage Print Carves a Productivity Scissor Around Yesterday's LFS Reversal — €1,611 Average Pay Marks 5.0% Nominal as 38,700 Net Jobs Vanish, Setting Up the BdP June Bulletin
Two prints from the same statistical office, one day apart, frame an awkward question for the Banco de Portugal. On Thursday 14 May the Q1 2026 Quarterly Labour Force Survey recorded 38,700 net job losses in three months and pushed unemployment to...