• CÉSAR URRUTIA

    @cesarurrutiasj

    MADRID

Updated Tuesday, April 28, 2020 - 09:23

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  • HEALTH. Coronavirus Spain today, breaking news live | Three million cases in the world
  • Unemployed, officials and pensioners. 21 million people already collect from the State: 44% of the population of Spain

The economic crisis stemming from measures to curb the coronavirus pandemic has had the impact of a catastrophe on the labor market. The National Statistics Institute (INE) published this morning data that reflects just the beginning of the job loss suffered by the economy with a drop of 285,000 employed in the first quarter compared to the end of the year. The survey does not reflect the impact of the Temporary Employment Regulation Files (ERTE), which only in the last week of March indicates that those employed who did not work in the reference week increased by 509,800 people this quarter.

"Partial unemployment for technical or economic reasons or suspension due to the employment regulation file are the main reasons that explain this increase," the agency explains in its informative note on the state of the labor market. The accounting kept by the social agents brings the number of people affected by job suspensions to 4.2 million today.

EPA. Unemployment rate 1Q2020

The suspension or reduction of working hours of workers affected by an ERTE, together with the influence of other types of absences from work, has been reflected in the effective hours of work performed, which have decreased by 4.25% compared to the fourth 2019 quarter.

Unemployment rose by 121,000 people in the first quarter of the year, which is 3.8% more than in the previous quarter, and employment decreased by 285,600 jobs (-1.4%), thus accounting for part of the impact of the health crisis and the declaration of the state of alarm from mid-March. In both cases it is the worst unemployment and employment records since 2013.

At the end of March, the total number of unemployed stood at 3,313,000 and the number of employed, at 19,681,300 people,.

According to the criteria of The Trust Project

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