Entrepreneurs warn that the & quot; worrisome & quot; brake on employment will go further with Sánchez e Iglesias

• Paro.The slowdown takes over employment: 2019 creates 180,000 fewer jobs than 2018

Spain suffers "a worrying slowdown" in the pace of job creation "that has been intensifying since July", and that could be "further accelerated" with the economic and labor measures set forth in the PSOE and Podemos Government agreement. This is stated in the Observatory of the labor market that the Spanish Confederation of Business Organizations (CEOE) has published today, and in the businessmen they influence the notices they already made after knowing the government agreement of Pedro Sánchez and Pablo Iglesias.

The unemployment data relative to December 2019 and that have been known today, add from the employer, "reveal a drop in unemployment much lower than in 2018 , when 210,848 fewer unemployed were reached, compared to 38,692 this year" .

"Along the same lines, Social Security affiliation reflects that almost 180,000 fewer workers have joined in 2019," they underline in their conclusions, which also make it clear that those of the last month of last year are " the worst since the start of recovery . "

229,000 fewer members in January

Funcas, meanwhile, has agreed with the employer in that "membership figures confirm the loss of pace of job creation, in line with the slower pace of economic growth." "The number of Social Security affiliates increased by 31,660 in December, the smallest increase in a month of December since the beginning of the recovery, " they explain from the Savings Banks Foundation.

"Eliminating the effect of seasonality and the increase in non-professional caregivers of dependents, the number of affiliates increased by 16,400 (figures seasonally adjusted by Funcas), less than expected, and the lowest increase throughout the year, " they develop from the Savings Banks Foundation ", they deepen.

In their analysis of the annual evolution, Funcas analysts conclude that "the employment that grew the most in the whole of the year was undefined, as well as full-time employment", while "the slowdown has focused mainly on affiliates with temporary and part-time contracts ". And as for the evolution of next month, the Foundation anticipates that " the forecast for the month of January 2020 is a decrease of 229,000 members , which would be equivalent to a growth of 20,000 in seasonally adjusted terms."

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