Funcas highlights the "resistance" of the labor market, despite the drop in membership and increase in unemployment

MADRID, 4 Sep. (EUROPA PRESS) -

Funcas has highlighted the "resistance" of the Spanish labor market, despite the drop in affiliation data and the increase in unemployment in August, in a context marked by the slowdown.

In a statement, Funcas has pointed out that the Spanish labor market continues to create employment in August at a rate "similar to that of July", but "much lower than that observed in spring".

Likewise, he has emphasized the resilience of employment in the industry, despite the weakening indicated by activity indicators, and the strong growth of foreign affiliates, which has maintained an intense pace throughout the year, and has even accelerated in August. . However, he has warned of the "slowdown" in the pace of employment growth in the services sector.

In the case of the number of registered unemployed, Funcas has warned of the difficulty of making historical comparisons, given the increase in workers with fixed-discontinuous contracts.