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Unemployment takes a turn and rises by 70,744 people in the middle of the economic stoppage

Date: April 25, 2024 Time: 11:36:00

The first month of the year closed with the addition of 70,744 people to the unemployment lists, which represents an increase of 2.49% compared to the previous month, while the number of unemployed in Spain increased to 2.9 million people. This figure reflects the break after the Christmas campaign that every year gives wings to the commerce and hospitality sector and reflects a pronounced drop in the month of January. The difference is especially significant in the year-on-year comparison, given that in January 2022, with the recently implemented labor reform, the number of new unemployed only increased by 17,173 people.

According to data provided by the Ministry of Labor and Social Economy, the number of job seekers has increased, especially in the service sector (3.51%), which now totals more than 70,700 people in this situation. The number of unemployed has also grown in the Agriculture sector (1.29%) and in Industry (0.17%), although to a lesser extent, while in Construction it has fallen by 1.37% . In terms of gender, unemployment has had a higher incidence among women during the first month of 2023. There are already 49,937 women actively looking for a job compared to 20,807 men. In the year-on-year comparison, this guideline is also met, since compared to January 2022, male unemployment has fallen by 8.84%, while female unemployment has fallen by 5.51%.

32.8 of the indefinite ones are permanent discontinuous

On the other hand, the number of permanent contracts that have been signed in the month of January (530,306) represent 44.16% of the total, so that despite the fact that the labor reform has been in force for more than twelve months, this model It is still not the predominant one. Although the improvement is substantial, given that the number of permanent contracts has increased by 122.19% compared to the previous January and also experienced an improvement compared to December 2022. Although most of these agreements are not full-time, of In fact, 173,968 of them are fixed discontinuous (32.8%), a typology that in the last year has increased by 558.32%. While another 119,895 are part-time. Temporary contracts increased to 670,443 in the last month and most of them fall under the “production circumstances” typology

The Ministry of Inclusion, Social Security and Migration has released this Thursday the affiliation data for the month of January, which suggests an economic slowdown after the Christmas campaign. As of January 31, there were 215,047 fewer people affiliated with Social Security than on the last day of the year 2022, in addition, this same Wednesday there were more than 105,000 casualties. On the other hand, the seasonally adjusted data, which takes into account the variations in employment depending on the time of year analyzed, reflects an improvement of 0.29% compared to the month of December, with the addition of more than 57,000 workers.

In the year-on-year comparison, compared to January 2022, an increase of 2.31% is also observed. However, a year ago they lost themselves This impact is reflected especially in the hospitality sector, which totals more than 43,000 casualties, and that of commerce, which exceeds 39,000. There is also a sharp drop in the affiliation of workers in administrative or auxiliary positions, since there are some 42,000 less than last month.

Worst January for the self-employed since 2012

The Special Regime for Self-Employed Workers (RETA) shows the worst January since 2012, with a total of 20,800 less self-employed than the previous month. In 2019 there was a fall of 20,291 workers who did not exceed the peak figure of the financial crisis (27,000 casualties), in 2023 it did not do so either, but it exceeds the pre-pandemic figure by several hundred people. In addition, it coincides with the entry into force on January 1 of the new RETA that includes 15 new installment tranches -ranging between 230 and 500 euros- and through which the self-employed will start to contribute based on their estimated monthly income. .

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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