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The first half of August has not been positive for the labor market, since 164,205 jobs have been lost between the 1st and 16th of this month, according to the mid-month affiliation data published this Thursday by the Ministry of Social Security. .

In total, the average number of Social Security affiliates has gone from 20.89 million in July to an average of 20.72 million in the first half of August, which represents a fall in employment similar to that which occurred last year spent in the whole of the month.

In August 2022, the country lost 189,963 Social Security affiliates, so if this trend continues for the remainder of the month, this August could be darker for employment and confirm the slowdown that has been perceived for months.

In seasonally adjusted terms, employment would have grown by 1,269 people in the last two fortnights (the last in July, which was very negative, and the first in August, which would have improved slightly), that is, if own job creation is omitted of this month in the sectors that usually pull the labor market, the number of workers in the country would have also increased, something that could be considered positive.

This increase in registrations in seasonally adjusted terms, although slight, seems to point to an evolution of employment in the month as a whole that is not as negative as that of other Augusts, since this month is usually bad for the labor market due to the end of contracts linked to the summer season.

• By autonomous communities, the first fortnight of the month has been especially negative for Catalonia, which has lost 61,900 average affiliates;
• the Community of Madrid, with 39,500 fewer workers;
• and the Valencian Community, which has 27,600 average affiliates less than at the end of July.

The first fifteen days of the month have been positive for the Canary Islands, which has added 2,167 jobs.