Social security affiliation will end November with a new increase that will bring the number of jobs created so far in 2022 to 480,000

Employment continues to show signs of dynamism in the first half of November, according to the figures of the experimental fortnightly social security affiliation statistics presented by the Minister for Inclusion, Social Security and Migration, José Luis Escrivá. The eleventh month of the year is expected to close with 80,000 new contributors in seasonally adjusted terms, bringing the total number of contributors to 20.3 million. "The evolution of employment in recent months shows that the labour market is behaving very favourably despite international uncertainty, with new jobs that are also of higher quality and longer duration," said the minister.

According to this statistic, around 480,000 new jobs will have been created in the first 11 months of 2022, and 825,000 new jobs will have been created since the number of contributors surpassed the pre-pandemic level in August 2021. This rate of growth means that by the end of 2022, affiliation is expected to rise by 3.9%, a rate not seen since 2006.

Compared with neighbouring countries, Spain's employment growth is particularly remarkable: the increase in the number of workers since the beginning of the war in Ukraine is 3%, double that of France and Germany.

High productivity sectors continue to record above-average growth in affiliation. Compared to pre-pandemic levels, the increase is 18.5% in Computer and Telecommunications and 17.3% in the R&D sub-sector of Professional, Scientific and Technical Activities, which in turn recorded an increase of 10.4%.

The quality of employment continues to improve as a result of the effects of labour market reform. The percentage of permanent employees is 14 percentage points higher than before the reform, and temporary employment is at the historically low rate of 16%, compared with an average of 30% in the years 2017-2021. The increase in the number of contributors in permanent employment is particularly marked among the under-30s: three out of four, 28 points more than before the reform.

The greater stability of contracts is also reflected in the reduction of three million contributors with contracts of less than 30 days compared to the 2019 figures, and the increase in the average duration of contracts that have been terminated this year by 48 days compared to the same period.

In the original series, the expected increase in the number of contributors in November is 1,000, which is better than the average for the years 2017-2019 (-37,000).

Non official translation