Labor contracts have shown a slowdown since February

Although it is more in the first quarter of 2023 employment contracts In the same period of 2022, it is noticeable that in February and March there was a decrease compared to the same months last year.

According to the publication of National Institute of Statistics and Census (INEC) In the first three months of this year, 66,789 employment contracts were previously concluded, which is 5,169 contracts more than in the same period of 2022.

However, the figures show that the year started with a dynamic month in January, when almost 30,000 new contracts were reached, before falling sharply to February and Marchwhen only 16,506 and 20,786 were signed.

Are they the figures are lower than those of February 2022, when 20,849 new contracts were signed, and March, when there were 23,549. This is equal to a decrease of 16% in these two months.

The Most of the contracts signed in the first quarter were for specific workswith 20,699, while there were 18,284 on the indefinite, and 16,329 on the defined.

The positive of these numbers represented increase in permanent contracts 39% signed, from 13,135 in 2022 to 18,284 this year.

As opposed to that, defined contracts reduced in the first three months from 28,316 to 16,329.

At the level of regional offices Ministry of Labor (Mitradel) more signed contracts were recorded, 28,714 of them, while 26,598 were recorded at the headquarters. 11,477 contracts were digitally processed.

The labor market is still not at pre-pandemic levels, although new contracts have improved compared to 2021. the figures are similar to those in the first three months of 2020when 69,642 were generated.

In the first quarter of 2019, 100,878 contracts were signed of new jobs, the majority, 45,468 of them, have been defined.