The hospitality industry weighs down employment in November with 11,583 fewer employees while unemployment falls

The labor market lost 11,583 members on average in November, up to 20.8 million employed, with a sharp decline in employment in the hospitality industry, while the number of unemployed people registered with the SEPE fell by 24,573 , up to 2.73 million.

According to data from the Ministry of Inclusion, Social Security and Migration, employment in hospitality fell by 115,539 people in a usually bad month for this sector.

The decrease in membership in November is, however, below the average for that month (36,000) in the pre-pandemic period, between 2016 and 2019.

Unemployment drops

As for unemployment, according to data provided by the Ministry of Labor, it is the second most pronounced drop for this month if the years marked by the effects of the pandemic are excluded, and leaves the total at the lowest figure for a November since 2007.

In the last year, unemployment has been reduced by 146,549 people, while employment has increased by 522,443 in average figures.

The decrease in unemployment was focused on all economic sectors, with greater relevance in services, with 17,335 fewer unemployed, and highlighting the group without previous employment, with 1,337 fewer registered unemployed.

Unemployment is especially reduced this November among women, twice as much as among men, marking with 15,962 fewer unemployed people the lowest figure since 2008 (1.64 million), although it is still higher than the number of unemployed (1.09 millions).

Youth unemployment falls by 5,588 people, to 205,979, the lowest figure in a month of November in the historical series.

Andalusia and Madrid, where unemployment drops the most

By region, the decrease in unemployment is concentrated in eight, led by Andalusia (-8,852), Madrid (-6,753) and the Valencian Community (-5,111).

During the month, 1.36 million employment contracts were registered, of which 562,466 were indefinite (7.6% compared to the previous month), while 793,827 temporary contracts were signed, the lowest figure in a month of November of the historical.

Among the permanent workers and by type of working day, 233,918 were signed full-time (4.3% less), 132,274 part-time (12.9% less) and 196,274 permanent discontinuous workers (7.6% less).

Back to affiliation, by sector, employment falls in services, with 39,244 fewer affiliates; while it rises in the rest, especially in agriculture with 15,132 more affiliates.

Unemployment falls more among women

By sex, the average affiliation of women falls by 7,949, compared to 3,634 among men, although it remains at maximum levels, with more than 9.8 million contributors, 47.2% of all workers.

In seasonally adjusted figures, 10,350 affiliates were added in November, which brings the job creation in the first eleven months of the year to 510,444 people.

Inclusion also highlights that, overall, there are now more than 3.1 million more members (3,131,388) with a permanent contract than in December 2021, the last month before the reform came into force.

Furthermore, in November, the percentage of members with a permanent contract stood at 87%, its historical maximum, and the temporary employment rate remained at a minimum of 13%.

On the other hand, the number of workers in ERTE remains at minimum levels, around 11,000, which represents less than 0.1% of the total number of affiliates.

The strike by communities

The number of unemployed people registered with the SEPE rose in November in nine of the 17 autonomous communities, more so in the Balearic Islands (4.2%), while it fell in the rest, especially in Extremadura (2.45%) and Madrid (2. .21%), according to data published this Monday by the Ministry of Labor.

The Balearic Islands were also positioned, even more prominently, among the nine communities in which Social Security affiliation was reduced in November, with a decrease of 15.51%, while the Valencian Community and again Madrid were those that grew the most (0.95% in both cases), according to data made public by the Ministry of Inclusion, Social Security and Migration.

Regarding unemployment, it also increased last month in Castilla y León (1.62%), Cantabria (1.03%), Castilla-La Mancha (0.69%), Aragón (0.66%), Navarra ( 0.53%), La Rioja (0.43%), Asturias (0.13%) and Catalonia (0.06%).

Díaz shows his “satisfaction” with the reduction in unemployment

The Vice President of Labor, Yolanda Díaz, showed this Monday her “satisfaction” with the reduction in unemployment in November, “the first November in many years that is positive for our country.”

In statements to the media before attending “The Ateneo breakfasts”, Díaz recalled that this decrease in unemployment in November is “anomalous” and stressed that unemployment has been reduced especially among young people and women.

By Muhammad Umair