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The severe economic consequences of the pandemic and the implementation of furlough schemes have highlighted the important role that working hours can play when adjusting the labor market to the current climate.
We analyse the evolution of the labour market until December 2022 or January 2023 in this edition of OTMT . We take stock of the evolution of the main aggregate indicators and focus on the effects of demographic ageing on employment, working hours, occupational replacement and lifelong learning.
The type of contract helps to explain the differences in working hours between employees, especially for part-time workers. With some exceptions, the 2022 labour market reform does not seem to have affected the differential in working hours bet…
Although the performance of the job market and its composition are unambiguously favorable, the information provided by the labor authorities is insufficient to assess the impact of the labor reform on other variables, such as unemployment and …
In a context of high uncertainty due to the war in Ukraine, the energy shock and higher and more persistent inflation than expected over the last year, forecasts for Spain point to an economic slowdown in 2023, with GDP growth at 1.2%.
The labour market reform changes the sectoral distribution of contracts by duration: those sectors with a greater weight in shorter duration contracts, such as Accommodation and food service activities and Agriculture, forestry and fishing, lose importance and the rest of the activities gain it.
Seven months after its entry into force, the labor reform has many bright spots, but also some shadows. Continuous evaluation could prevent the reduction in temporary employment from being overshadowed by the increase in turnover and the partial nature of new permanent contracts.
Permanent contracts increased by 209% in the first half of 2022 compared to pre-pandemic records, while temporary contracts fell by 37%, bringing the temporary employment ratio to its lowest level since 1985. However, it is still too early to a…
The May 2022 contract statistics confirmed the upturn in permanent contracts, especially among younger people, and the fall in the number of temporary contracts, focused on those of indefinite duration.
The increase in temporary employment boosted Social Security enrollment (213,600 people) last month, while unemployment fell (-99,500 people). Seasonally adjusted, this pattern was maintained. Employment grew (70,000 people) and the temporary e…
The contracts statistics confirmed the increase in permanent contracts and the reduction in temporary ones. As a result, the temporary employment ratio declined, especially among the youngest people.
Affiliation increased last month (184,600 people) -driven by permanent employment- and unemployment fell (-86,300 people). Seasonally adjusted, this pattern was maintained. Employment grew (90,000) and the temporary employment ratio fell (to 58%) and unemployment (-50,000).
