However, a question that many professionals are continually asked is Why is growth not moving in the perception of workers on the course of the economy? And this generalized question, certainly has a lot of connection with the reality that our labor market is living.
In the last 3 years, Spain has added 1.58 million new employees on behalf of others. Of these jobs, 1 million jobs are concentrated in 10 branches of activity of the total of 96 in which the INE break -down business activity. These data have 3 reactions: it is good news that is believed so much employment, It is regular that employment is concentrated in ten branches of activity and the lousy news is the remuneration of these sectors.
According to the data of the National Statistics Institute through its salary structure surveys, the medium salary of these 10 branches of activity ranges from 14,961 euros gross annual ones of the “Meal and Drink Services” sector at 33,437 of the programming sector. That is to say, 50% of the million jobs created by these 10 branches of activity have monthly net salaries ranging between 900 and 1,790 euros.
If we continue to analyze the data of these branches of activity and place ourselves in the 90th percentile, that is to saythe figure that only exceed 10% of wage earners of each of the branches we find quite mediocre data For an advanced economy. In 4 of the 10 branches of activity you can never reach € 2,000 of monthly net salary except that you place yourself between 10% of the best positioned in your sector. In another 4 branches of activity you can overcome these forks and only in 2 of them, a privileged 10%, will exceed the monthly € 3,000.
But the questions is how much employment have the industries generated with the greatest average salaries? If we take the 9 branches of activity of our economy whose average salary is greater than € 40,000 we are left with the following:
The reality is quite bleak for the labor market of a western economy. Of the 1.58 million jobs created in the last 36 months (2022 – 2025), only 32,496 jobs have been in branches of high value -added activity with averages of averages exceeding € 40,000 gross per year. That is, the branches of activity With better salaries they have only created 2 out of 100 jobs generated in this period. In fact, 3 of the 9 branches of activity have reduced their number of employees expelling almost 6,000 workers from the market.
Therefore, it is clear through the data provided by the Official Institute of Statistics and the Ministry of Inclusion and Social Security that the economy grows, employment grows, but we are not being able to generate well -paid employment in sectors of high added value. The objective is not to point out whether a job is more worthy than another, Post any work, the objective is to point out that the labor market is the cornerstone of the generation of wealth of a country and the engine of the welfare state to which we are accustomed and which we hope to enjoy. However, The reality, the one who lives at streets every worker and unemployedit is disconnected from the apparent dazzling figures from the economy. We must continue working to have an economy and business fabric with the ability to invest, internationalize and attract talent that leads organizations to the next level. The only way to increase the wealth of a society is through economic growth with real increases in productivity, the decrease in unemployment and the struggle for human capital.