FT: Portugal emigrate each year more than 100,000 people

The number of immigrants from Portugal rose to 100,000 people annually, writes The Financial Times.
"100,000 — a huge wave of emigration to a country of 10 million people," — says sociologist João Peixoto.

  • FT: Portugal emigrate each year more than 100,000 people

A similar level was observed in the country in 1960, but then left the country ill-educated citizens, mostly employees of the agricultural sector. Now emigrate highly skilled professionals from the cities.

Unemployment rate steady at 16.4%, and the percentage of unemployed people under 25 years old is much higher — about 37. The deep economic recession is one of the reasons for this state of the labor market.

"Portugal has invested in training a lot of money that we are now losing. Our goal — to reform the economy to make sure that they will return in a few years ", — said Daniel Thras, deputy dean of the School of Business and Economics.

The most popular city for young professionals from Portugal is London

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