Each job created in telecommunications generates more than five indirect jobs




Each direct job created in the telecommunications sector generates more than five indirect jobs – 5.32 jobs- in other activities, according to a study published this Friday by the Spanish Chamber of Commerce in collaboration with the Secretary of State for Telecommunications and Digital Infrastructures that measures the impact of the Telecommunications and Audiovisual Content sectors. In this sense, the telecommunications sector directly contributes 1.4% of the Gross Value Added (GVA) of the Spanish economy, and can reach 3.3% if we have intermediate consumption and the demands of other sectors. All this, in line with the most relevant countries in our environment such as France or Germany. On the other hand, for each job created in the activity related to the audiovisual content almost two indirect jobs are created (1.86 jobs). In a similar vein, this activity contributes 0.5% to the Spanish economy, while if we consider the relationship with other sectors, the contribution or GVA grows to 1.1%. What, in the opinion of

In addition, according to the report, these are two sectors that are more productive than the average and quite internationalized. Specifically, it estimates the average gross value added per worker, which in the telecommunications sector is around the 126,694 euros per employee compared to the value added per employed person in Spain in 2018 located at about 56,000 euros. An activity whose business fabric has registered a continuous rise since 2008, already assuming some 6,500 companies of all sizes. For its part, in the audiovisual activity, a similar situation is replicated with an added value per worker that is higher than the country’s average (63.505 euros). Similarly, this activity also shows dynamism with a slight rise in the number of companies since 2016, exceeding 9,000 companies. Most of the micro-SMEs.

All of the above, in the words of the Director of Studies of the Chamber of Commerce of Spain Raúl Mínguez, shows “the integration of telecommunications and audiovisual services within the economic system.”

In the second part of the study, the Chamber of Commerce and the Secretary of State for Telecommunications have conducted a survey of companies in the sectors analyzed. Both sectors have admitted that, in the last two years, they have found difficulties finding suitable profiles for jobs that had vacancies. This is admitted by 69.5% of the companies in the telecommunications sector and 38.4% of those linked to the activity of audiovisual content. Among the profiles that have most resisted telecoms in Spain, that of engineers, systems managers and marketing professionals.

In any case, both sectors perceive very high competition (43% of the companies surveyed affirm this), while at the level of financing the telecos indicate that their main problems come from size of the companies and the difficulty of obtaining guarantees. Audiovisual companies have pointed to the lack of knowledge of the sector by financial institutions and the lack of private investors. They precisely point out as the main barriers to growth, in the case of companies linked to the telecommunications sector, this difficulty finding professionals and labor legislation. What we also find in audiovisual companies, which add to the latter the difficult access to financing.

Telecos have also shown their vocation of internationalizationIn such a way that 40% of companies admit that they have part of their business outside of Spain, while audiovisuals are much more focused abroad. In both sectors, they also opted for invest in R + D + i, more than a third of those linked to telecommunications did so.

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