Human Capital and Labour Market Resilience: A Regional Analysis for Portugal.

This paper investigates labour market resilience for seven Portuguese NUTS-2 regions over the period 1995-2018 detailing its relationship with levels of education and highlighting the period following the 2007-08 financial and economic crisis. We define resilience as the ability of regional employment to recover from a recessionary shock over an entire business cycle. Our results point to the existence of labour market resilience to the different business cycles for the different regions in terms of total hours worked.