Job creation fell 1.5% in September after eight months of gains

No time to read?
Get a summary

new issue commercial companies According to data announced this Wednesday by the National Institute of Statistics (INE), it reached a total of 6,735 companies in September, with a decrease of 1.5% compared to the same month of 2022.

Job creation comes to an end with the decline recorded in September It increased for eight consecutive months on an annual basis.

for the constitution 6,735 companies were established last September Just over 278 million euros were subscribed, a figure 30.4% lower than in the same month in 2022; The average subscribed capital, which was 41,334 euros, decreased by 29.3% annually.

While company establishments are decreasing, at the same time dissolution of companies In September, the total number increased by 12.9% compared to the same month of 2022, reaching 1,245. Thus, 42 companies closed their doors in Spain every day of September.

between 1,245 companies closed Last September, 78.6 percent of this rate was voluntary; 11.5 percent due to mergers with other companies, and the remaining 9.9 percent due to other reasons.

20.3% of commercial companies 15.6 percent of the investments created in the ninth month of the year were allocated to trade, and 15.6 percent were allocated to real estate, finance and insurance activities.

when it comes Companies dissolved by main economic activityThe highest rates occur in the trade (19.4%) and construction (17.8%) sectors.

In his name, the number commercial companies that increase capital It decreased by 11.8% to 1,706 companies in September. The capital committed in these increases exceeded 1 billion 99 million euros, a decrease of 8.7% compared to September 2022, while the average capital increased by 3.5% to 644,553 euros.

In the first nine months of the year, 10.1% more companies Compared to the same period in 2022. The number of closed companies decreased by 2.2% until September.

On a monthly basis (September-August), new company formations increased by 1.9%, marking the lowest increase in September in at least five years. down 7.7%Lower than September 2022 (-8.3%).

Madrid and Catalonia are ahead

The communities that founded the most companies last September were: Madrid (1,519 companies), Catalonia (1.176) and AndalusiaWhere 1,166 companies were founded. The regions that established the fewest companies in the ninth month of the year were: rioja (17), Navarre (46) and Estremadura (67).

Ten regions created more companies in September than in the same month in 2022; especially Castilla-La Mancha (+35.4%), Castilla and Leon (+33.5%)), Cantabria (+30.8%), Asturias (+25.7%) and Extremadura (+19.6%).

In its place, seven communities Year-on-year declines were recorded, especially in La Rioja, where 54.1% fewer companies were established compared to September 2022; Murcia (-21.3%) and Navarra (-13.2%).

taking into account dissolved business companiesThe communities with the most liquidations in September 2023 were Madrid (303), Andalusia (229) and the Valencian Community (118). On the contrary, the autonomous communities with the fewest commercial companies dissolved were Navarra (7), Cantabria (11) and La Rioja (12).

Eight communities increased their numbers job terminations last September on an inter-annual basis, mainly Navarra (+40%) and Extremadura (+38.5%); Eight other regions, notably Cantabria (-45%), Castilla-La Mancha (-40%) and Madrid (-36.3%), also reduced this rate, and only the Murcia region experienced no change compared to September of the year. .

No time to read?
Get a summary
Previous Article

Ministry of Agriculture announced the size of the labor force deficit in agriculture

Next Article

Israel warned of consequences of returning Jewish settlements to Gaza Strip