Spain approved a total of 32 royal decrees laws in 2021, the second highest figure since 1978 after that of 2020, when the health crisis led to the approval of 39 such rules. This is according to the report ‘Regulatory Production’ that CEOE prepares every year and in which it is found that 2021 was the sixth consecutive year in which the number of royal decrees exceeded the number of…
Spain labour market
With the latest official data published by the National Institute of Statistics on the employment of people with disabilities in Spain, the Randstad Foundation has calculated that in 2020 there were in the country 1.93 million people with disabilities of working age (16 to 64 years), reaching 6.3% of the total population in that age group. This figure is the highest since 2014 and has had a growth of more…
Funcas | The Spanish labour market has substantial room for improvement in job quality, according to the latest issue of Panorama Social, a publication edited by Funcas. In one of the articles included in this issue written by Rafael Muñoz de Bustillo Llorente and Enrique Fernández Macías, and based on non-monetary variables (such as working hours, contractual conditions and career development prospects, amongst others), Spain is among the EU15 countries…
Social Security registers a record high of 19,500,277 people affiliated in June in Spain, In addition, there are still 447,800 people affected by temporary layoffs. Infojobs conjectures that the trend of job creation will consolidate in the medium term. With Social Security enrollment at an all-time high and the European funds still to arrive, is a real opportunity 20 million people working in Spain?
Josep Mestres Domènech (CaixaBank Research)| In times of crisis, the reduction in employment traditionally occurred in Spain through a significant destruction of jobs, while in periods of expansion job creation was rapid. This has not been the case in this crisis. For the first time, the declines in GDP have been accompanied by a much smaller reduction in employment. This is not only due to the unique nature of this crisis, which originated in the health sphere, but also due to a very different response from economic policy.
Randstand Research | The labor market records in November reflect a relatively negative performance against the path of recovery that was observed during the previous four months. Social Security affiliation in November increased by 31,638 people, a 0.17% increase, the best figures in that month since 2006, but it masks a rising in those affected by temporary layoffs of 147.000 during that month. The total number of contributors exceeds the threshold of 19 million (namely 19.02 million people).
The number of employed people increased in the third quarter of the year by 569,600 compared to the previous quarter which saw the greatest impact of the pandemic from confinement. The total number of employed stood at 19.17 million. However, the number of unemployed also increased by 355,000 to 3.722.900, equivalent to a rate of 16.26%, the highest since the first quarter of 2018, according to the Labour Force Survey (EPA) published on Tuesday.
The labour market figures in July are very good thanks to the reopening of services and the return of tourism to Spain. Unemployment fell by 89,849 people, the first drop since February.The number of people still affected by temporary layoffs schemes (ERTEs) is now just over one million and the Social Security affiliation average membership is still rising. However, only 17% of the jobs destroyed have been recovered.
The results of the Labour Force Survey (EPA in its Spanish acronym) for the second quarter of 2020 continue to reflect the situation arising from the pandemic. Employment fell by 1,074,000 persons in this period. It should be borne in mind that this figure does not include those affected by a temporary lay-offs with suspension of employment. Meanwhile, the unemployment figure rose by by 55,000 people, with the unemployment rate standing at 15.33%.
More than 40% of Spanish companies are planning or considering cutting their workforce due to the impact of Covid-19. At the same time, 25% of firms have frozen salaries and 16% are reducing them, according to a survey of nearly 1,000 European organisations, carried out by consultancy group Willis Towers Watson. More than one hundred Spanish companies are included in the survey.