Alicante Institute for Economic Research (Ineca) predicts the province will continue grow with a little strength this year that will lead to the return Breaking the occupancy record again received last summer. However, he also warns about the persistence of some. structural problemsaspect small companies or permanence high unemployment rateAlicante is demanding more investment from governments to strengthen its economy and prevent it from being affected by more intense market fluctuations from other parts of the country.
This was stated by the head of the Alicante ‘think tank’ on Tuesday, Nacho Amirola; the person in charge of the organization’s working committee, Quino Palaci; and research director Francisco LlopisDuring the presentation of the Economic Report for the closing of 2022, they also put forward some brushstrokes about their expectations for this year.
“We are optimistic because the productive machines are still running, and the data we already know about this 2023 allows us to predict what will happen. Slightly better than late 2022“We are continuing on this development path, but we will have to wait to see the final development.” symptoms of “frailty” in some indicators such as reduction in visas for the construction of new homes or the truth exports increased by only 2.3% in the last quarter below inflation figuresit actually indicates a drop in post volume.
“Our city is growing but this growth is not stable enough and first-hand exposure to market or geopolitical changes,” said the Ineca president, who believes that only a larger investment by administrations that allows to increase the productivity and competitiveness of companies in the region will put an end to this. excessive exposure to fluctuations in the market.
Balance
Concerning the pure and simple balance, Francisco Llopis highlighted the important rhythm as the most positive data. creation of new companies -More than 400 per month showing entrepreneurs seeing business opportunities- and above all, good progress in employmentWith an increase of more than 29,550 participants and 1,858 new participants in the General Regime self-employment. Regarding this last group, the state’s already chained 125 consecutive monthly increases The number of employees per account, currently 138,351 represents 20% of all employed persons in the province, compared to the national average of 17.5%.
According to Llopis, this, while not negative, points to a weakness in Alicante’s economy and the small size of most businesses. Thus, he pointed 18,000 of these self-employed workers must become wage workers such that Alicante experienced a situation similar to the Spanish average. This small size represents “problems pending” for the state’s economy to resolve, with a significant pocket of structural unemployment continuing—despite the recovery, there were still more than 140,000 registered unemployed at year’s end. to the expert
Of course, some pending issues that won’t hinder Alicante Break the membership record again this yearespecially thanks tourismthat Ineca still sees room for improvement. On the contrary, among the dark clouds that followed the growth, Francisco Llopis loss of purchasing power as he pointed out, families starting to have an impact on the progress of certain activities. Thus, he reminded that when the 2021 and 2022 data are added, prices increased by 12.1%, while wages increased by only 4.73 percent. more than seven points of loss of purchasing power this will be noticed in forced consumption.
Mediterranean House
Contrary to usual, the presentation of the Ineca Economic Report was held this Tuesday at Casa Mediterráneo. It’s not an ordinary location. And it is the study of the possibility of the diplomatic organism. Become a member of the Alicante Research Institute, as explained by Andrés Perelló, director of the consortium. Political and business representatives also attended the event.