As regards registration on the Social Security rolls, in October there was an average of 18.9 million contributors, which means a loss of almost 102,000 for the month, and a 2.34% decrease for the year. The current number of contributors to Social Security is 18,918,473 workers. This decrease in contributors also significantly reduces income for the only public administration that still enjoys a surplus.
Youth have been the group worst affected by unemployment; with a 12.25% increase in unemployment for those under 25, as opposed to the 6.6% increase for workers over 25. Likewise, this growing number of unemployed in our labour market has other repercussions such as the increase in temporary contracts and an increase in unemployment benefit expenses.
For further information, please contact Ana Gómez Hernánez: [email protected]