The president of the Tourism Confederation of Portugal, Francisco Calheiros admits that the worst is yet to come, in a logic of worsening unemployment in the sector in the coming months.
Francisco Calheiros believes that there will be two unemployment waves: one already in October, namely in the tourism companies that were waiting for a summer that didn't exist, and another one at the beginning of the year, a nível nacional, with the end of the legal framework resulting from measures to support the economy.
The president of the CTP who spoke at the TSF Forum, remembered the data the data from the previous crisis, to affirm that we forget that in the crisis of 2008/2009 unemployment has hit 17%. Ora, the latest data for the end of August were in the 8%, when we had been in about full employment in February, where unemployment reached 6%. It's evident, Unfortunately, that unemployment is still going to grow a lot.
Calheiros added that tourism in Portugal was, in January / February to rise to 12%, arrives in March and broke the recipes 50%, in April and May, there was a break in 95%
