Registered unemployment has not yet peaked after three years from the start of the crisis and its peak is reached in the first quarter of 2011, according to the 'Progress of the Labor Market' produced jointly Afi and the bosses of large temporary employment (Agettes).
According to their estimates, will also be in the first quarter of next year when the Social Security membership reaches its minimum level. "All indications are that the recovery in employment is moderate and did not recover the values \u200b\u200bof a normal year membership for another five years, "said Afi-Agettes.
In the crisis of 92-94 it took 39 months since he gave the minimum value of membership in January 1994 until it regained the pre-crisis levels (April 1997). According Afi-Agettes, in the case of the current employment downturn in the collapse of employment is becoming more profound and prolonged forecasts recovery away, at least in five years.
In the coming months will happen, according to his calculations, a slow attenuation of the deterioration of employment, so that the annual fall occupation will run from November -1.3% to -1% in February 2011, which would bring the total employed 18.2 million workers.
From February to September, a total of 308,000 unemployed people have stopped receiving unemployment benefits. In Spain, Afi and Agettes explain, for every dollar spent on employment integration policies, EUR 4.2 is for policies to protect the unemployed (passive policies).
This ratio, which according to Agettes should be balanced, has increased over previous years. In 2008, were for 3.15 euros for every euro passive policies aimed at political active.
PRODUCTIVITY HAS IMPROVED, BUT FOR THE DESTRUCTION OF EMPLOYMENT.
In its report, Afi and underline that Spain Agettes improved productivity at work apparent in the third quarter of the year for job losses and not an effective economic model.
In 2011, the projections of both entities suggests that Spain registered an evolution of employment and productivity "significantly worse" than the European average. Thus, employment will fall by 0.3% in Spain next year, and only Greece (-2.6%), Ireland (-0.8%) and Portugal (-0.7%) will destroy more jobs Spain.
also increase productivity in Spain in 2011 by 1% below the EU average (1.4%) and out of countries such as Latvia (2.9%) and Hungary (2.7%).
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