The exercise confirmed the 2  BIS central bankers’ speeches  soundness of the national banking system at 30 September 2013. ETRICC 2 brought to a close a series of horizontal inspections carried out by Banco de Portugal since 2011 which have contributed to making the Portuguese banking system more solid. The results of these exercises were duly incorporated into the institutions’ financial statements.
Indeed, the quits rate has picked up as the labor market has improved over the past few years, but it still is not as high as it was through much of the early 2000s. Another important indicator is the number of available positions, or job openings, that employers currently have posted.