employment in spain

empleo hosteleria

Number of unemployed falls slightly in July to 2.4 million (implicit rate 10%)

Bankinter | The number of unemployed fell by 1,357 in July, from 48,900 in June. Unemployment stands at 2.40 million people (down 0.06% month-on-month and 5.71% year-on-year). Seasonally adjusted Social Security enrolment stands at 21.6 million people (up by 31,080 workers, 0.14% month-on-month and 2.24% year-on-year). Bankinter analysis team’s view: The number of unemployed fell slightly in July, compared to the slight upturns in August in recent years. The number…


espana servicios hosteleria

Spanish Social Security system gains 229,742 employed persons up to middle of May, closing in on 21.8 million mark

CdM | Social Security enrolment has increased by 229,742 employed persons in the first half of May, to 21,783,878 contributors in the daily series of affiliates, a new record figure, according to data published on Tuesday by the Ministry of Inclusion, Social Security and Migration. In the seasonally adjusted series, 21,557,126 affiliates have been reached in the first fortnight of May, thanks to the increase of 45,531 affiliates in the…


unemployment spain

Spain: 21,857,900 million employed… but over 831,000 “fixed discontinuous” employees not working and seeking work

According to data from the Active Population Survey (EPA) published this Tuesday by the National Institute of Statistics (INE), unemployment decreased by 265,300 people in 2024, which represents a 9.3% decrease compared to 2023, while employment grew by 468,100 jobs (3.8%), closing the year with a new record of 21,857,900 employed and a number of unemployed lower than 2.6 million. It is true that this figure does not include the…


employment office

Permanent contracts in Spain account for 43% in May, but this percentage steadily declining

Intermoney | In Spain, the labour market behaved very favourably as unemployment continued to fall, reaching a total of 2,607,850 people in May, the lowest figure for a month of May since 2008 and also the lowest figure since August of the same year in question. On a month-on-month basis there are 58,650 fewer people unemployed, i.e. a cut of 2.2%. And if we look at the year-on-year terms, unemployment…


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Bank of Spain warns of wage rises above collective bargaining due to difficulty in filling new vacancies

Banca March: It is becoming increasingly difficult for companies to fill jobs that require a high level of training or specific knowledge. Thus, salaries for new vacancies are growing at a year-on-year rate of 6% compared to the 3.4% wage increase agreed by collective bargaining agreement. The Governor of the Bank of Spain explains the reasons for the tightening of the market – the mismatch between job vacancies and job…


unemployment office

Employment in Spain: Social Security gains 92,862 contributors in October, while unemployment rises by 36,936

CdM| According to data published this Friday by the Ministry of Inclusion, Social Security and Migration, unemployment in Spain rose by 36,936 people in October compared with 19,800 the previous month (+1.3%), weighed down by the end of the tourist season. This rise makes it three consecutive months of increases in unemployment. With these figures, the total number of unemployed remains above the 2.7 million mark, from which it fell…


Spains unemployment problem

Employment, triumphalism aside

Fernando González Urbaneja | The EPA for the first quarter of 2023 allows for different readings to suit all readers’ tastes. Employment fell slightly compared with the previous quarter, but grew by 370,000 compared with the previous year. Therefore, a certain slowdown in job creation, but with a target figure of 20.45 million employed, the highest figure in history. Compared with the previous quarter and the previous year, the data…


unemployment spain

Unemployment rises by 70,744 in January, unemployed number over 2.9 million

Spain closed January with 215,047 fewer people affiliated to the Social Security system and 70,744 more unemployed, according to data published on Thursday by the Ministries of Social Security and Labour. Unemployment increased in January by 70,744 people to 2,908,397, according to data from the Ministry of Labour. Unemployment has increased by 2.5 % compared to the previous month and represents a decrease of 6.9 % compared to January 2022….


employment

Only the public sector is creating jobs in Spain: up 20,000 to 3.52 million in 4Q22

Data from the Labour Force Survey (EPA) for the fourth quarter of last year confirm that the Spanish economy’s potential for job creation has been deflated, with the slowest pace of job creation since 2013 and the smallest drop in unemployment since 2012. This puts the spotlight on the effect of the labour reform. It was a law designed to increase permanent contracts, but whose effects on employment and unemployment…


ERTES extension

Effects of the labour reform: 62% of permanent contracts signed up to October did not create real jobs

In the first ten months of 2022, the enrolment of workers with permanent contracts totalled 2.6 million people. For this, 5.95 million contracts had to be signed, which means that almost 3.7 million of them, 62%, ‘vanished’ without being translated into new stable employment. This gap, moreover, is growing intensely: it has widened by half a million in the last month alone. The newspaper El Economista explains that although this…