Annual foreign job creation surpasses that of Spaniards for the first time
La regularización extraordinaria propicia que más de la mitad de la afiliación a la Seguridad Social generada en el año sea de foráneos: hasta junio aportaron el 58% de los nuevos puestos
The Spanish economy is highly seasonal, given the power of tourism. Hence, the data on affiliation to the Social Security follows such similar patterns from month to month, with prodigious streaks when the good weather arrives and downturns when the terraces close. In those short-term analyses, the circumstance had already occurred that the employment generated by foreigners had surpassed that created among Spaniards, given those seasonal dynamics.
However, this primacy has now been transferred to the annual data, which go beyond those conjunctures. And it has happened largely due to a circumstantial element: the regularization promoted by the Executive. For the first time since there are consolidated records of foreign affiliation (they start in 2012), the creation of foreign employment surpassed that of Spaniards in June - in year-on-year terms.
The group of Latin Americans (with Colombians and Venezuelans in the top positions) has led to this change in trend.
Translated by urgent.news. Machine-written — may contain errors; check the original before relying on it.
