Galicia drops unemployment to the lowest figure since records exist

Author: MARCOS MIGUEZ

It added more than 226 affiliates per day in the last month of April

Since 1996 Galicia did not end the month with such a small number of unemployed: 139,343 — every third person has been looking for more than a year employment—. It did so in April, removing 2,504 people from the list. Some are built in labor marketwhich shows almost no signs of fatigue and in which there are already 7.5 percent fewer unemployed people than a year ago, according to the latest statistical data from Ministry of Employment. Its owner, María Jesús Lorenzana, recalled this Thursday that unemployment fell in four Galician provinces, in seven major cities, in all economic sectors and among groups considered “priorities” by the Xunta, such as those under 30, women or the long-term unemployed.

The figures highlight that the community and its business structure are standing up to a huge challenge inflation. You just have to watch out for it belonging Social security in Galicia: 1,050,315 at the end of April, a record in 20 years, after adding 226 daily associates last month. “The active population entering the labor market is the employed population,” Lorenzana summarized.

In this race to strengthen the labor market, it is the province Pontevedra which registered the best brands, increasing the number of associates (6,343) by 1.76% within a year. follows him A Coruña (7,640), with 1.71% more, Ourense (1,218), where affiliations increased by 1.18% and easy (1,116), with an addition of 0.91%.

fewer contracts

Although companies continued to hire, they did so more slowly than in March. In Galicia, 51,657 contracts were signed — six out of ten, temporary —, almost 11% less than the previous month and 20% less than a year ago. They are few compared to almost 84,000 signed in April 2019, before the outbreak of the pandemic.

The same is happening throughout the Spanish state, where employment fell by 12% in just 30 days: “Ordinary open-ended contracts fell more (-20.6%) than temporary contracts (-10.4%), except for definite-discontinuous contracts, which grew by 2.4% compared to March”reminds the director of the Adecco Group Institute, Javier Blasco, who believes that the Spanish economy is still very dependent on the seasonal component of its production model, related to services, tourism and hospitality.

In Galicia, the formalization of contracts fell in all sectors, with a special phenomenon in construction, where the volume compared to last year fell by 30%. Not only because of the difficulty in finding qualified staff, but also because of uncertainty in the sector, which is waiting for a possible slowdown in purchases due to rising housing and mortgage prices. A situation that can affect employment expectations.

Since the beginning of the year, an average of 105,000 jobs have been created per month in Spain

The country as a whole rejected the month of April with optimism and scoring a a new record for the employed population: 20.6 million people, after adding 129,000 new associates last month (240,000 new positions without adjustments). This rounded off the best start to the year on record, as an average of 105,000 jobs were created per month in Spain since the beginning of 2023, according to data from the Ministry of Inclusion and Social Security.

what is s unemployment? In just 30 days, 73,890 unemployed people were removed from the list. A phenomenon that was fueled by the Easter campaign, the creator of this one miracle work. Employment is growing again at an annual rate of 3% and is managing to separate itself from GDP, which is advancing by just 0.5%, according to Colpisa data.

Actually, hostelry It was his big engine in April, to the extent that he created more than half of the new jobs, a total of 120,000 associates. They are followed, albeit very far, by trade with almost 19,000 more workers and the leisure and entertainment sector (4,217 more).

Fixed-discontinuous

Almost 1.6 million were signed, and 46% of them were permanent. However, this category also includes 185,315 new worker titles for April fixed-discontinuouswhich develop activity in a stable manner, yes, but with interruptions throughout the year.

Source: La Vozde Galicia

Jason

Jason

I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people's lives. I also write about current trends in economics, business strategies and investments.

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