5 keys to August 2022 unemployment data

Likewise, the beginning summer campaign good for him Task, the end of which leaves bad occupancy records. closed august 187,000 less contributors and 40,000 more unemployed, Less bad records than the average for pre-Covid years and it’s in the middle of a hurricane inflationist and with a war in Eastern Europe that has clouded the economies of the entire continent. After a dizzying recovery in employment post-pandemic, labor market Spanish slows down and goes into hibernation in the always somewhat dynamic second half of the year.

The data for August, always bad for employment, has been produced on firmer footing by the new labor reform, as permanent contracts continue to rise despite bad numbers and employment continues to rise steadily. These are the keys to the membership data released this Friday by the Ministries of Labor and Social Security.

Employment falls, but less covid than before

It’s only been one August since nineteen ninety six -when you start collecting statistics- It was August 2020, when employment increased in Spain, Pandemic. The normal thing is that the occupation is damaged in the last month of the tourist season and this year, inflation There were no exceptions in the two steps. However, the data presents multiple reads. On the one hand, the devastation in employment was less than anticipated in July, when the labor market began to slow down. Actually, apart from the 2020-2021 pandemics, this August has not been a bad month. Or it has been a less bad month than the others.

However, microdata also offers a pessimistic read, as more than 260,000 employees were destroyed on the last day of the month, and the total number of affiliates fell to just under 20 million contributors. 30 or 31 are usually high contract termination days, but this time it has been particularly busy. Adding to the restructuring messages that bosses say could predict a fall of templates thinning.

Unemployment rises but remains at lowest level since 2008

With unemployment As with employment, this happens in August. It is rising, but less so than in the years before covid, and the Government is emphasizing the message that the recovery is particularly weak. Added to the good record this year has chained the labor market so far allows it not to exceed three million unemployed. from 2008Not having so ‘few’ unemployed in Spain was at the doorstep of the inevitable financial and real estate crisis. It continues to be the state with the highest unemployment rates in the European Union, and four out of 10 unemployed do not receive any aid or subsidy from the EU. EPISODE.

Private sector type amount

this private sector while keeping the type Education It again sank the average membership in Spain. Four out of 10 missing were teachers, supervisors, dining room guards or other profiles restricted to the education sector. This was already responsible for the red numbers in July as schools and centers finished off the extraordinarily provided supplements for covid during the course. Some of this employment is traditionally recovered in September with the resumption of the academic year; this is a temporality that labor reform has currently failed to overcome.

Contrary to what happened in previous years, hostel it did not contribute to destroying employment and even grew a little this August. However, the employment loss showed a seasonal component. descend on Trade, given the lower consumption in big cities during the holidays. move down buildingaggravated by the high temperatures of an August beset by heat waves. In the manufacturing industry, which is affected by the dizzying increase in energy costs, it is decreasing.

Less autonomous, but better covid than before

Business autonomous During this month of August, it followed a parallel trend to wage earners. The number of freelancers affiliated with RETA decreased by 13,509 compared to July, making a total of 3.3 million self-employed. A less traumatic fall than was recorded between 2016 and 2019, when, as usual, 16,000 to 17,000 soldiers fell.

Catalonia leads to job loss

Catalonia By closing the month of August with 9,554 more unemployed compared to the previous month, the total number of unemployed people became 350,945. End of the tourist season in Turkey Girona Y Tarragonaadded to fruit campaign leida It sparked layoffs in a traditionally bad month for jobs. But the data recorded this year – as in Spain – are worse than the average for the years before the outbreak of the pandemic.

Unemployment increased in 13 of 17 autonomous communities. Andalusia Catalonia is in first place with 9,955 new unemployed. Madrid on this occasion, three times less new unemployed than Catalan provinces contributed to SEPE’s total calculation.

And the level of active workers, Catalonia closed the eighth month of the year with 57,768 fewer Social Security members, creating a total of up to 3.59 million jobs. It represents a large increase, but less than the average recorded in the years before the pandemic. However, it was the autonomy that led to the disappearance of employment, and at the end of the tourist season, Catalonia suffered more than the other Spanish economic engine, Madrid, which lost 35,042 jobs in August.

Source: Informacion

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