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Just a reminder that Portugal has some of the lowest wages in Europe, minimum wage is 600 Euro/month. Strict laws to protect workers is great until there are no

by zz865 5y ago

Just a reminder that Portugal has some of the lowest wages in Europe, minimum wage is 600 Euro/month. Strict laws to protect workers is great until there are no evil employers left to employ anyone.

sofixa 5y ago
Median salary is 11th worst in the EU: https://appsso.eurostat.ec.europa.eu/nui/show.do?query=BOOKMARK_DS-053406_QID_-78EC589D_UID_-3F171EB0&layout=TIME,C,X,0;GEO,L,Y,0;AGE,L,Z,0;SEX,L,Z,1;INDIC_IL,L,Z,2;UNIT,L,Z,3;INDICATORS,C,Z,4;&zSelection=DS-053406INDICATORS,OBS_FLAG;DS-053406SEX,T;DS-053406INDIC_IL,MED_E;DS-053406AGE,TOTAL;DS-053406UNIT,EUR;&rankName1=INDIC-IL_1_2_-1_2&rankName2=UNIT_1_2_-1_2&rankName3=AGE_1_2_-1_2&rankName4=INDICATORS_1_2_-1_2&rankName5=SEX_1_2_-1_2&rankName6=TIME_1_0_0_0&rankName7=GEO_1_2_0_1&sortR=ASC_2&sortC=ASC_-1_FIRST&rStp=&cStp=&rDCh=&cDCh=&rDM=true&cDM=true&footnes=false&empty=false&wai=false&time_mode=NONE&time_most_recent=false&lang=EN&cfo=%23%23%23%2C%23%23%23.%23%23%23&utm_source=pocket_mylist https://appsso.eurostat.ec.europa.eu/nui/show.do?query=BOOKM...
- wwtrv 5y ago
  How do you even get this number? Even if I only count actual EU member (exclude Norway) that have numbers for 2020 Portugal ends up 15th, when Ireland and Italy publish their data it will be 17th. Also is this purchasing power adjusted? If not probably it’s even lower since East European countries tend to have lower cost of living.
  - gruez 5y ago
    >Also is this purchasing power adjusted? presumably switching the units to "Purchasing power standard (PPS)" does this? If we do that, and use 2019 data (to get a more complete dataset), we find that portugal is 21 out of 32 countries (including non-EU countries, too lazy to exclude them, and excluding iceland and uk because they have no data).
    - wwtrv 5y ago
      Oh, I’m stupid.. it’s 11th worst counting from the bottom, rather than 11th highest.
ssijak 5y ago
600e minimum sounds good when you live in a country also in Europe where the average is 500e, and that average is fake because there are a lot unregistered workers working illegally for smaller amounts.
- cfn 5y ago
  Yes, until you learn that the average rental in Lisbon is over 900 Euros per month.
  - ssijak 5y ago
    here it is 400-500 euros for 1 bedroom apartment in the city center. and to buy 1 square meter is 2500-3000euros in centrish locations. which is 5-6times the average salary. compute that.
    - bosie 5y ago
      thats 5x the avg net salary per month?
      - ssijak 5y ago
        yes, to buy 1 square meter it is 5-7x the total average salary
HWR_14 5y ago
For those in the US, the quoted minimum wage is ~$4.35/hr
- downrightmike 5y ago
  Just under 600 euros a month, without public services or safety nets.
  - HWR_14 5y ago
    I'm sorry, are you saying that Portugal's public services/safety nets are inferior to the US's? I don't know much about them, but I seem to recall that you provide free treatment to drug addicts instead of just throwing them in jail.
    - downrightmike 5y ago
      nope.

by zz865 5y ago

Just a reminder that Portugal has some of the lowest wages in Europe, minimum wage is 600 Euro/month. Strict laws to protect workers is great until there are no evil employers left to employ anyone.

sofixa 5y ago

Median salary is 11th worst in the EU: https://appsso.eurostat.ec.europa.eu/nui/show.do?query=BOOKMARK_DS-053406_QID_-78EC589D_UID_-3F171EB0&layout=TIME,C,X,0;GEO,L,Y,0;AGE,L,Z,0;SEX,L,Z,1;INDIC_IL,L,Z,2;UNIT,L,Z,3;INDICATORS,C,Z,4;&zSelection=DS-053406INDICATORS,OBS_FLAG;DS-053406SEX,T;DS-053406INDIC_IL,MED_E;DS-053406AGE,TOTAL;DS-053406UNIT,EUR;&rankName1=INDIC-IL_1_2_-1_2&rankName2=UNIT_1_2_-1_2&rankName3=AGE_1_2_-1_2&rankName4=INDICATORS_1_2_-1_2&rankName5=SEX_1_2_-1_2&rankName6=TIME_1_0_0_0&rankName7=GEO_1_2_0_1&sortR=ASC_2&sortC=ASC_-1_FIRST&rStp=&cStp=&rDCh=&cDCh=&rDM=true&cDM=true&footnes=false&empty=false&wai=false&time_mode=NONE&time_most_recent=false&lang=EN&cfo=%23%23%23%2C%23%23%23.%23%23%23&utm_source=pocket_mylist https://appsso.eurostat.ec.europa.eu/nui/show.do?query=BOOKM...

wwtrv 5y ago
How do you even get this number? Even if I only count actual EU member (exclude Norway) that have numbers for 2020 Portugal ends up 15th, when Ireland and Italy publish their data it will be 17th. Also is this purchasing power adjusted? If not probably it’s even lower since East European countries tend to have lower cost of living.
- gruez 5y ago
  >Also is this purchasing power adjusted? presumably switching the units to "Purchasing power standard (PPS)" does this? If we do that, and use 2019 data (to get a more complete dataset), we find that portugal is 21 out of 32 countries (including non-EU countries, too lazy to exclude them, and excluding iceland and uk because they have no data).
  - wwtrv 5y ago
    Oh, I’m stupid.. it’s 11th worst counting from the bottom, rather than 11th highest.

ssijak 5y ago

600e minimum sounds good when you live in a country also in Europe where the average is 500e, and that average is fake because there are a lot unregistered workers working illegally for smaller amounts.

cfn 5y ago
Yes, until you learn that the average rental in Lisbon is over 900 Euros per month.
- ssijak 5y ago
  here it is 400-500 euros for 1 bedroom apartment in the city center. and to buy 1 square meter is 2500-3000euros in centrish locations. which is 5-6times the average salary. compute that.
  - bosie 5y ago
    thats 5x the avg net salary per month?
    - ssijak 5y ago
      yes, to buy 1 square meter it is 5-7x the total average salary

HWR_14 5y ago

For those in the US, the quoted minimum wage is ~$4.35/hr

downrightmike 5y ago
Just under 600 euros a month, without public services or safety nets.
- HWR_14 5y ago
  I'm sorry, are you saying that Portugal's public services/safety nets are inferior to the US's? I don't know much about them, but I seem to recall that you provide free treatment to drug addicts instead of just throwing them in jail.
  - downrightmike 5y ago
    nope.