Employment

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Madeira Has The Lowest Unemployment Rate In Portugal

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

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 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

Statistics On Father's In Madeira

Here are some fresh insights on fathers in Madeira. Happy father's day!

Why Does LIDL Hesitate to Invest in Madeira?

Why Does LIDL Hesitate to Invest in Madeira?

LIDL speaks up, emphasizes voluntary reorganization and denies any political motivation.

Madeira Tops 10 Million Overnight Stays in 2023

Madeira Tops 10 Million Overnight Stays in 2023

Tourism is breaking another record, never before has Madeira coped with 10 million overnight stays per year.

Minimum Salary increases to 850 Euro in 2024

Minimum Salary increases to 850 Euro in 2024

The government raises the minimum salary in an effort to alleviate the impact of rising living conditions

Rising from Unemployment: More than 500 Companies & 800 Jobs Created Since 2015

Rising from Unemployment: More than 500 Companies & 800 Jobs Created Since 2015

Madeira successfully enables a significant number of individuals to create their own company.