bad data Task inside Augustas usual in Spain after the end of the campaign summer. Despite the large loss of employment, in addition to the increase in employment, unemployed in the lists EPISODE, the data is less bad than in the years before covid. Evidence that the labor market continues to resist succumbing to the effects of a crisis, despite everything and your drumbeat echoing among companies. inflation This is not a ceasefire and war in Ukraine that lasted more than six months and had no end in sight.
Spain lost total in August 189,963 members To Social Security driven by layoffs in education, construction and commerce. There are many, yes, but fewer than the less troubling times, for example in 2019, when 212,984 were lost; or in 2018, when 202,996 were lost. For better or worse, the labor market is reclaiming the flaws and virtues of the old normalcy. And the mass extinction of contracts after the summer campaign is one of them. Same scenario with unemployment data, which increased by 40,428 people and closed with 2.9 million unemployed, slightly below what was recorded in 2019.
Employment thus begins in August custom hibernation process, although still above the symbolic level of 20 million employed. From now on, complex months are coming for the labor market, where red numbers will be most frequent, down to the little brackets that will open up Christmas hiring. The question remains whether the resilience it has demonstrated so far will allow it to close the year with more than 20 million Social Security members.
The decline in August was generalized by a specific job loss on the last day of the month, despite the deterrents brought by labor reform to prevent high rotation of contracts.
Moreover, among the self-employed group whose contribution reform was approved a few days ago Not valid until January. Self-employment lost 13,509 workers, its worst number since 2015, not taking into account the pandemic.