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Portuguese construction sector in crisis

Posted on 30 August 2012

Since the beginning of the year, 868 companies disappeared and the construction sector is currently losing 90 jobs per hour. Unemployment in construction hit a new record high in 2012.
The Portuguese Federation of Construction Industry and Public Works, FEPICOP, says in a statement that, since the beginning of the year until the end of July, 868 construction companies closed. 60% more than in the same period of last year………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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