14/02/06: Service sector growth jobcentres too young to retire

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14/02/06: Service too young to retire sector growth may be linked to falling labour costs Although the unemployment rate in Portugal deteriorated by 0.9% to reach 8.0% over the year to Q4 2005, employment in the service sector grew by a healthy 1.4%. This too young to retire was probably due to the fact that labour costs for service, shop and market sales workers fell by 2.2% over the same period. In other sectors of the private sector economy, too young to retire labour costs rose during the year by over 2.5%. The greatest beneficiaries were senior officers and managers, whose costs rose by an average of 18%. 07/02/06: Hungarian PM promises cut in social insurance The Hungarian prime minister, Ferenc Gyurcsany, has announced to the Hungarian parliament that he plans to publish proposals in the near future for a new job incentive scheme.
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