Randstad Research, the center of studies and analysis of Randstad in Spain, and the Spanish Confederation of Small and Medium Enterprises (CEPYME), have published a new edition of Quarterly Employment Bulletin in SMEs, which analyzes the labor market situation of these companies and their projection for the future for this year 2020.

According to this study, and despite the slowdown in the labor market, SMEs will generate about 245,200 jobs in our country during this 2020. Most of these positions, around 197,200 (80%), will take place in the services sector, while that approximately 31,400 (13%) will belong to the construction. Industrial SMEs will make 14,400 contracts (6% of the total), while 2,100 will correspond to agriculture (only 1%).

The hiring by SMEs foreseen by the report for this year 2020 will mean a growth of 2.4% compared to the previous year. The construction sector will be the one that maintains a higher rate of job creation, with 3.8% more than 2019. Agriculture and services will present more moderate increases, 2.6% and 2.4% respectively. Finally, the industry, with 1%, will be the sector that experiences the most discreet growth of all.

As for the size of SMEs, it is the small ones – with a size of between 10 and 49 employees – that will generate a greater volume of employment, 105,700 contracts, 43.1% of the total, growing by 2.9%. Medium-sized companies –from 50 to 249 workers, will generate a similar employment volume, 100,500, 41% of the total, increasing by 3%. Finally, microenterprises – from 1 to 9 employees – will create 39,000 jobs, 15.9% of the total, and will grow only 1.2%.

The CEPYME and Randstad Research study has also foreseen the sectors in which more employment will be generated during this 2020 among SMEs. Thus, among the areas of activity, the ‘Food and beverage services’, ‘Education’, ‘Computer science’ or the Public Administration will stand out. Other relevant sectors will be ‘Construction’, ‘Auxiliary activities for companies’, ‘Wholesale trade’ or ‘Residential establishments’.

Although the figures indicate a growth in employment, this is part of the general trend of a slowdown in the labor market. A short-term outlook characterized by discrete GDP growth – between 2% and 1.6% for this year – and an attenuated decrease in unemployment, estimated at 13.3% this year, six tenths more That raised in the month of July.

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