unemployment

ERTES extension

Yolanda Díaz’s statistical ‘trap’ will prevent 600,000 new unemployed people from joining the labour market

Discontinuous permanent workers are the most frequent group in the new hiring of the labour reform. They have multiplied by nine compared to 2019, creating 600,000 new contracts in just three months, and already represent 36% of permanent contracts. As the digital newspaper Vozpopuli explains today: The modality, which previously had a practically testimonial weight, with a few thousand, is designed for seasonal or seasonal jobs, with periods of standstill…


unemployment spain

Unemployment Falls (-99,512 People) In May From 3 Million (2.922 Million)

The number of unemployed people registered in the offices of the State Public Employment Service (SEPE) at the end of May 2022 is 2,922,991. The total number of unemployed had not fallen below three million since December 2008. The number of unemployed decreased in May by -99,512 persons (vs -86,260 persons in April). The number of unemployed stands at 2.922 million (-3.3% m/m and -22.7% y/y). The seasonally adjusted number…


nadia calvino bruselas

Brussels Warns Spain Of High Debt And Unemployment Risks

The European Commission officially advocates maintaining the suspension of fiscal rules in 2023. However, it warns that Spain is dragging serious “vulnerabilities” with “cross-border relevance” and fears that public indebtedness will be higher in 2026 than in 2021. “Spain is experiencing imbalances,” the European Commission warned yesterday as it released its spring package of recommendations. It warned that its “vulnerabilities relate to high external debt, public and private, in a…


empleo oficina

In 2021, Spain Was The Country With The Highest Unemployment Rate In The EU For The 13th Consecutive Year

According to the III Labor Market Yearbook published Friday by the Adecco Group Institute, Spain added in 2021 its thirteenth consecutive year as the country with the highest number of unemployed in the European Union (EU). Thus, despite the fact that in 2021 all the employment lost in the pandemic was recovered, with a generalized fall in unemployment, Spain, which accounts for 9.2% of the population of the EU-27, had…


Employment November

Spain Reaches 20 Million Employed While Temporary Employment In The Public Sector Reaches 32% Vs 22% In The Private Sector

April leaves 184,577 more contributors to the Social Security system in Spain and 86,260 fewer unemployed. This usually corresponds to a traditionally positive month for employment when it coincides with the Easter holiday period, with its good impact on jobs. The average number of affiliated members in April exceeded 20 million (20,019,080 people) and the number of unemployed fell to three million (3,022,503 unemployed). That said, we continue to lead…


OFICINA Empleo Spain

Unemployment Fell By 2,921 People Last Month, The Worst Month Of March In The Historical Series; Permanent Contracts Increased

The number of unemployed registered in the offices of the public employment services fell by 2,921 in March (-0.09%), twenty times fewer than in the same month of 2021, when the number fell by 59,149 people. This year’s decline is the smallest in the historical series, since 1996. Until now, it was that of 2013, when unemployment fell by 4,979 people. In seasonally adjusted terms, registered unemployment rose in March…


unemployment spain

Unemployment Falls By 11,394 People In Its Best February Since 2015, With A Record Number Of Permanent Contracts

The labour reform boosts permanent contracts to almost 22% of the total and more than doubles them with respect to 2021. In the last year, unemployment accumulated a record drop of 897,105 people, which is 22.4% less jobless. The number of unemployed registered in the offices of the public employment services (formerly Inem) fell by 11,394 unemployed in February (-0.3%), its best rebound in this month since 2015, when unemployment…


unemployment spain

Registered Unemployment Falls Below The Level Before The Financial Crisis

Funcas | The number of people registered with Social Security rose by 72,000 in December, to 19,824,911. In seasonally adjusted terms, according to Funcas, this is equivalent to a rise of 62,000, a remarkable result in historical perspective, although it is the lowest increase since May. The total number of workers in ERTE (linked and not linked to Covid) has moderated its rate of decline, while the self-employed with benefits…


unemployment spain

Unemployment Recorded Its Best November In History, With 74,381 Fewer Unemployed People

The Social Security system gained 61,768 contributors with respect to October, bringing the total number of employed persons to 19,752,358 contributors. The number of people registered in the offices of the State Public Employment Service (SEPE) fell by 74,381 in November, the largest drop for that month, and for the first time in the historical series unemployment has fallen for nine consecutive months. According to the information provided by the…


unemployment spain

Spain Q3’21 Jobless Rate Improves To 14.57% Vs Previous 15.26%; Over 20 Million People In Work

Bankinter | Spain’s labour market is continuing on the road to recovery. The unemployment rate in Q3’21 improved to 14.57% from 15.26% in the previous one (and vs 14.10 expected). The Rate of Activity rose to 59.14% (+1,30 pp yr/yr), with the number of people in work exceeding 20 million. If we include the number of workers on an ERTE to September (239,000) and on freelance workers’ benefits (226,000), the…