The effective hours worked They increased 11.3% in the third quarter of 2024 compared to the levels prior to the pandemic, due to the increase of the number of quotes Already the hours they work, the Ministry of Inclusion, Social Security and Migrations reported this Friday.
Specifically, the number of general regime contributors increased a 10.9%with more than 1.6 million new employed, while effective hours for each contributor increased a 0.4% Regarding the last quarter of 2019, before the arrival of the Covid.
The statistics of effective hours worked and quoted hours published by the department directed January 2019.
To avoid the volatility that exists between the different quarter and to be able to appreciate the medium -term evolution of the effective hours worked, an index based on the mobile average of Four quarters.
This index was in the third quarter of 2024 in 111.3 pointsbeing 100 the data corresponding to the last quarter of 2019, which means that the effective hours worked have experienced an increase in 11.3% Regarding the level prior to pandemic.
According to the Ministry, the evolution shown by this index is very similar to that obtained with the data corresponding to that of Quarterly labor cost (Etcl) of the INE, which shows an increase of 11.5% in the effective hours worked with respect to the prepaandemics period.
However, the ministry specifies that these results are “significantly higher” than those observed in the latest available data of the Active Population Survey (EPA) and Quarterly National Accounting (CNT), according to which in the third quarter of 2024 the effective hours worked would hardly have increased 4.8% and 4.2%, respectively, with respect to the level prior to the pandemic. It is also observed that there is a rupture of the relationship of these series from the end of 2021.
The statistics published by Social Security is based on Administrative data Prepared from the hours quoted and labor relations by contributed to Social Security.
To calculate the effective hours worked, it is necessary to discount the hours of workers in a situation from Temporary Employment Regulation File (ERTE), temporary disability and the perceptors of other benefits (birth and care of the minor, risk during breastfeeding and risk during pregnancy).
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