September 20, 2020

The affiliation to the Social Security falls in January in more than 200,000 people | Economy

The affiliation to the Social Security falls in January in more than 200,000 people | Economy



The labor market has been true to its custom in January. Employment, measured through membership in Social Security, has fallen sharply. It fell in 204,865 employed people, the biggest drop since 2013. The total number of contributors with employment was 18,819,300. Registered unemployment grew by 83,464 unemployed, raising the number of registered in employment offices to 3.28 million, according to data released Monday by the Ministry of Labor.

The end of the Christmas campaign in commerce and the reduction of consumption in bars and restaurants is evident in these branches of activity, which lost more than 35,000 members each. The one that left the most employment was commerce, with 39,131 fewer contributors. He was followed by the hospitality and administrative activities.

During the last quarter of last year, the positive surprise was a constant every time figures of the labor market were known. Membership again grew by more than 3% compared to the previous year, a level that had been lost. In January it has lost again, it was 2.94%.

These numbers show that the bottom trend is still very positive, something that also shows the seasonally adjusted figure, which eliminates the ups and downs of commercial and agricultural campaigns or tourist seasons. Following this parameter, membership increased by 38,179 people.

Bad employment data affected women more than men. Membership fell by almost 110,000 and 96,000 among men.

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