Almost three-quarters of jobs lost in Spain in 2020 were in commerce and hospitality

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Almost three-quarters of jobs lost in Spain in 2020 were in commerce and hospitality.

ACCORDING to a report released today, Tuesday, January 19, by Adecco, these are the only sectors in which jobs were lost in all regions across the country.

In a year marked by the coronavirus pandemic, 697,400 jobs were lost in Spain, of which 496,100 belonged to commerce and hospitality.

This represents 71 per cent of the total, as detailed in the associations’ Occupation II Monitor study: socioeconomic profile of the occupation in Spain.

The study also highlights that only five of 11 sectors saw an increase in activity of between 1.8 and 4.4 per cent in 2020 until the third quarter – finance and insurance, water and energy, real estate, and public administration and communications.

At the other end of the scale, construction dropped by 1.6 per cent, followed by agriculture and livestock (-2 per cent), professional activities (-3-1 per cent), manufacturing (-5.3 per cent), cultural services and others (.6.1 per cent) and the hardest hit, commerce and hospitality which fell by -8.3 per cent).

Adecco’s study shows that 98 per cent of the jobs which have become obsolete in the last 12 months correspond to salaried workers.

In the case of the non-salaried, while the number of employers has decreased by 7.7 per cent, there has been an increase in the number of self-employed of 3.4 per cent.

“The increase in the number of freelancers could be explained by micro-entrepreneurs who have laid off all their staff (for which they are no longer employers) and by people who, upon losing their job, try to start an independent activity,” said Adecco.

Thank you for taking the time to read this news article “Almost three-quarters of jobs lost in Spain in 2020 were in commerce and hospitality”. For more UK daily news, Spanish daily news and Global news stories, visit the Euro Weekly News home page.

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Written by

Tara Rippin

Tara Rippin is a reporter for Spain’s largest English-speaking newspaper, Euro Weekly News, and is responsible for the Costa Blanca region.
She has been in journalism for more than 20 years, having worked for local newspapers in the Midlands, UK, before relocating to Spain in 1990.
Since arriving, the mother-of-one has made her home on the Costa Blanca, while spending 18 months at the EWN head office in Fuengirola on the Costa del Sol.
She loves being part of a community that has a wonderful expat and Spanish mix, and strives to bring the latest and most relevant news to EWN’s loyal and valued readers.

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