The Community of Madrid added 148,072 affiliates to Social Security in the last year, the largest increase in Spain, while registered unemployment grew by 5,229 people to 283,285 unemployed.
The Community of Madrid closed September with 148,072 more affiliates to Social Security than a year earlier, a 3.9% year-on-year increase, five tenths above the national average. The region generated nearly 20% of all new jobs created in Spain in the last twelve months, according to data released by the regional government based on state statistics.
Registered unemployment, on the other hand, rose by 2,773 people compared to August, nearly 1%, to 283,285 unemployed, and has increased by 5,229 unemployed compared to a year ago, a 1.9% year-on-year increase, according to the analysis by USO-Madrid reported by noroestemadrid.com.
The General Secretary of USO-Madrid, María Concepción Iniesta, argues that the growth in affiliation and hiring is not reducing unemployment at the same rate. The union links this situation to multiple jobholding, job stability, and wage levels.
“The growth in affiliation and hiring is not producing an equivalent reduction in unemployment,” Iniesta points out.
Unemployment among the foreign population grew more sharply: 9,413 more unemployed than a year ago, a 20% increase. According to USO, one in five people registered as unemployed in Madrid is of foreign origin.
On the affiliation side, September saw 55,861 more contributors than in August, the best monthly record among the regions and 60.5% of the national increase, bringing the total to around 3.93 million affiliates, a historic high for a September. The hospitality sector contributed around 19,000 new affiliates and education about 12,000; recreational, sports, and entertainment activities added nearly 4,000, and professional, scientific, and technical activities around 3,000.
Self-employed workers also increased. In the last year, 11,929 self-employed workers joined, a 2.7% increase, bringing the total to 447,412, the highest figure since records began. In September alone, they grew by 3,642 people.
During September, 241,722 contracts were signed. Permanent contracts rose by 7.6% compared to the same month last year, against 1.1% for temporary contracts, according to USO-Madrid. In the annual total, nearly 100,000 more contracts have been signed, although temporary employment remains around 52%. The union adds that 85% of affiliates belong to the General Regime and that fixed discontinuous contracts increased in September by nearly 40,000 people, reaching 97,231.
The next unemployment and affiliation data for October will be published by the Ministry of Labour at the beginning of next month.
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