Spain’s job creation his lowest since 2013

0
CONCERN: Spain’s employment market currently looks unstable as figures show. Source: PxHere


THE number of jobs created in Spain in the month of September is at its lowest number since 2013.

Although overall new employment figures rose by 3,224 since August, the figure sits well below previous years and is only just higher than in 2013 when the country was in a crippling recession.

In total, registered unemployment rose by 13,907 compared to this time last year, bringing the total recorded unemployed in the country to 3,079,711.

-- Advertisement --

In the figures released by the Ministry of Labour, they also confirm that the economy is slowing down. The number of individuals signed up for social security has grown by 460,739 people, 2.44% more than 2018.

Although this seems a strong increase, the figures are still the lowest they have been since 2014 in terms of new candidates.

Data also showed that in total there are 19.32 million social security contributors in the country.

New employment was led by the education sector, which traditionally recruits more in the month of September.

On the other end of the spectrum, the hospitality, retail and health sectors decreased with the end of the summer season.

These figures also represent the turmoil currently apparent in today’s job market.

Throughout 2019, a total of 16.7 million job contracts were signed, 90% of which were temporary contracts, leaving workers with much instability and a lack of confidence in employment.


LEAVE A COMMENT

Please enter your comment!
Please enter your name here