La afiliación a la Seguridad Social terminará noviembre con un nuevo aumento que llevará a 480.000 los empleos creados en lo que va de 2022
17/11/2022
Balance of half a month
Social Security membership will end in November with a new increase that will bring 480,000 jobs created so far in 2022
Topics:
- November will close with about 80,000 more affiliates in seasonally adjusted terms, bringing the total to 20.3 million
- The projected employment growth for the whole of 2022 is approaching 4%, a rate of increase that has not been seen since 2006
- The data place Spain in a prominent position with respect to the countries around it, with a rate of job creation that doubles that of Germany or France
- The quality of employment continues to improve: the average duration of contracts this year is 48 days longer than that recorded in 2019
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Employment continues to show signs of dynamism in the first half of November, according to figures from the experimental statistics of biweekly affiliation to Social Security presented by the Minister of Inclusion, Social Security and Migration, José Luis Escrivá. It is estimated that the eleventh month of the year will close with 80,000 new affiliates in seasonally adjusted terms, bringing the total number of affiliates to 20.3 million. “The evolution of employment in these months shows that the labor market is behaving very favourably despite international uncertainty, with new jobs that are also of higher quality and duration,” said the minister.
According to data from this statistic, in the first 11 months of 2022 about 480,000 new jobs will have been created, and 825,000 since the number of affiliates exceeded the pre-pandemic level, in August 2021. This rate of growth allows us to anticipate a closure of 2022 with an increase in affiliation of 3.9%, a rate that was not recorded since 2006.
Compared to the surrounding countries, employment growth in Spain is especially noticeable: the increase in membership since the beginning of the Ukrainian war has been 3%, twice that of France or Germany.
The high-productivity sectors continue to record growth in affiliation above the average; compared to pre-pandemic levels, the increase is 18.5% in Informatics and Telecommunications and 17.3% in the R&D subsector, within the Professional, Scientific and Technical Activities, which in turn record a 10.4% increase.
The quality of employment continues to improve as a result of the effects of labour reform. The percentage of affiliates with indefinite contracts increases 14 percentage points compared to the figures before the reform, and temporality is at the historically low rate of 16%, compared to the average 30% in the years 2017-2021. The increase in participants with indefinite employment is especially marked among those under 30 years of age: there are already three out of four, 28 points more than before the reform.
The greater stability of the contracts is also reflected in the reduction of three million affiliates with contracts with a duration of less than 30 days compared to the 2019 figures, and the increase in the average duration of the contracts that have caused loss this year by 48 days, compared to the same period.
In the original series, the expected increase in affiliation in the month of November is 1,000 affiliates, a better figure than the average of the years 2017-2019 (-37,000).