Employment slows at the end of 2022, but closes in record numbers: 20.3 million employees

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Despite the first war in Europe in two decades, the highest inflation in 40 years, and the residual effects of the first pandemic of the century, Spain closed 2022 with an employment record. in total 20.29 million workers registered with Social Security, which is the highest number of statistics available. On the contrary, its power labor market He started 2022 and has not managed to keep himself in the exhausted final stage like a long-distance runner who broke records for almost two years in a row since the catastrophic covid outbreak in March 2020.

At the expense of how employment develops in uncertain 2023, the eternal challenge in Spain is to reduce the unemployment rate. unemployment, one of the highest in Europe. A total of 2.8 million people still want to work but cannot work. It’s the lowest figure since 2007, though high relative to the rest of the ‘Old World’. to know Despite the general uncertainty of the last fifteen years, it recorded the best closure of the year by reducing the number of unemployed by 268,252 people.

Employment came with its tongue out in December, which recorded one of the weakest year-ends in the last decade. Social Security recorded a positive balance with 12,640 people employed. You have to go back to December 2012. great recession whipping hard to find worse data. About 90,000 jobs were lost there, but records are still positive today.

2022 was also the year of a contract revolution in the Spanish labor market. labor reform shows its effects. Spain has seen an increase in the number of employed – 471,360 more than a year ago in particular – and the quality of the jobs in question. This year has just ended, with 11.2 million final contracts signed in Spain, almost six million less than before the reform. In contrast, another five million people signed up permanent contracts, up to a total of seven million. Some exorbitant numbers from a German or French perspective, but these reflect the first clear change in trend in Spain in decades.

Translation of transient into indefinite discontinuous constant While the use of such contracts has increased by 964% from one year to the next, these numbers explain some of its dance. And, according to the groups, young people were one of those who particularly benefited from the limitation of temporary hiring formulas. At the end of 2022, three out of four young people have a permanent contract, compared to one in two before labor reform took effect.

Unemployment gender gap

Good employment data do not hide a persistent gender gap in unemployment levels that remain unadjusted this 2022. There are more than half a million unemployed women than men, although they are more numerous in the labor market as a whole. Of these 2.8 million unemployed, 1.14 million are men and 1.69 million are women.

This gradual overall decline in unemployment benefits both groups, but it is men who find it easier to rejoin the labor market. Among them, unemployment fell by 10.5% last year, compared to 7.3% among women.

According to age groups, the number of unemployed under the age of 25 fell below 200 thousand for the first time at the end of the year.

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