51.5% of the companies created employment in 2018, according to the Bank of Spain

The path of recovery economic maintains a good news: the business continue to create jobs . It is one of the main conclusions of the report of the Central Balance-sheet, presented this Monday by the Bank of Spain . In the year 2017, 44.2% of the enterprises created employment, as has been the case since the year 2014. In addition, this percentage stood, for the fourth year in a row, above which it was destroyed ( 28.1 per cent). However, the employment recovery was characterized last year by being more intense in the temporary, which grew by 8.4%. While fixed-term contracts increased by 4%.

The report notes that throughout this year 2018, the employment has been mainly driven by the advance of the recruitment of permanent staff ( 2%), in line with what reflects the economically Active Population Survey (EPA). On the contrary, the temporary employment presented a growth more reduced. In particular, until September of this year, the proportion of enterprises that creates employment rises to 51.5% figure.

All branches of activity recorded increases

By sectors, all branches of activity recorded increases. In particular, a 0.6% in the sector of the industry. Highlights the branch of information and communications, in which employment grew 2.4%, while both the energy, as in the trade and hospitality industry the increases were around 1%.

Other data stated in the report is that the growth benefits ordinary has resulted in an increase of the ratios of means of profitability. The result of the non-financial companies grew by 59.5 per cent in the first half of the year, versus a decline of 14.7%, than in the same period of the previous year by the evolution of revenues and costs atypical.

The dynamism of Spanish companies has come about by the domestic demand, which is pulling more than the past few years.

The momentum has come for the domestic demand

The GVA (gross value added) grew in all branches of activity, but particularly in energy ( 4%), trade and catering (6%). And expenses of personnel of the Spanish corporations have been uploaded. Not so much by the rise of wages, but because it has more employees.On remuneration, in 2017, registered a small uptick of 0.4%. On the contrary, in the first nine months of this year have experienced an upturn of 1.5%.

This is due to the reform of 2012 has already caused the companies to adjust templates and wages, and now with the economic recovery seen with more ability to re-do contracts.