The labor market lost an average of 11,583 participants in November to 20.8 million employed, with employment in the hospitality industry falling sharply, and the number of unemployed people registered with SEPE fell by 24,573 to 2.73 million.

Employment in the hospitality sector fell by 115,539 in a typically bad month for the sector, according to the Ministry of Inclusion, Social Protection and Migration.

However, November’s membership decline is below the average for that month (36,000) during the pre-pandemic period, from 2016 to 2019.
As for unemployment, it was the second-biggest drop for the month excluding post-pandemic years, according to the Labor Ministry, and leaves the overall figure at its lowest level for November since 2007. .