It is the second consecutive month that there is a loss of employment that changes the trend, the first negative figures since January in a convulsive context and high inflation.

Registered unemployment for August, which includes the total number of people who have signed up for employment offices for the past month, increases by 1.4% compared to July, although it is also the smallest monthly rise for this month, in the one that ends the contracts of the summer season, than that of 2017, 2018 and 2019, but contrasts with the fall in unemployment produced in August 2021, which was the best in the historical series and framed in a context of recovery after the opening economic result of the end of the restrictions of the worst of the pandemic. The total number of unemployed, 2,924,240, is also the lowest for this month since 2008.

The drop in contributors in July, the first for this month since this statistic began 21 years ago, is followed in August by a new drop of 0.93% compared to July to a total of 20,151,001 people contributing to the system, the worst figure for the loss of contributors since 2019. In seasonally adjusted terms, that is, without taking into account the influence of the calendar on the statistics, the number of Social Security affiliates rose by 62,135 workers, 0.31% more than in July. The seasonally adjusted figure for August is also the lowest since the same month in 2019.

In August, 1,283,791 contracts were registered, 506,731 of them, indefinite, 39.47% of the total, which quadruples those signed in August last year. Storms are down 39.70% compared to a year ago. Indefinite contracts for the month of July are divided, in terms of the duration of their working day, into 217,743 full-time; 118,941m part-time; and 170,047 are discontinuous fixed.

In accumulated terms, full-time indefinite contracts have reached a total of 1,972,377 so far this year, an increase of 1,198,226 (154.78%) than in the same period of 2021, according to the department led by Jose Luis Escriva.

Expenditure on unemployment benefits for July, the last month for which figures are available, fell 18.9% compared to the same month last year, to a total of 1,643.4 million euros allocated to 1,758,496 beneficiaries.

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