The complicated yr 2022 ended with 279,000 extra employed and a discount in unemployment

An worker in a nougat store this Christmas

The improve in employment registered in 2022 is the worst information since 2013 and jobs had been destroyed within the fourth quarterUnemployment fell by 79,900 individuals in 2022, which is 2.6% lower than in 2021In 2021 the yr closed with 840,700 new jobs and an unemployment price of 13.33%

The yr of the conflict in Ukraine, of the very best inflation because the eighties, of the unbelievable rise in fuel and electrical energy costs and of essentially the most abrupt rise in rates of interest within the historical past of the euro, the Spanish financial system managed to create 278,900 new jobs. labored. Except for the drop within the covid yr, that is the weakest information on job creation since 2013, in accordance with the Active Population Survey (EPA) printed this Thursday by the National Institute of Statistics (INE).

For its half, unemployment fell by 79,900 individuals in 2022, which is 2.6% much less. The unemployment price closed the yr at 12.9%. The dynamism of the labor market slowed down within the final three months of the yr. Occupation between October and December fell by 81,900 individuals. There was no adverse information for this quarter since 2017.

The labor market has been, indubitably, probably the most resistant financial engines of 2022, though this slowdown was already anticipated sooner or later. It was the personal sector that destroyed 102,000 jobs within the remaining stretch of the yr, whereas the general public sector elevated its employment by 20,000 individuals.