Between July and September, employment barely increased by 77,700 people, a quarter of the same period of the previous year and well below the previous quarter.
The threat of an economic slowdown in the third quarter of the year has been clearly noted in job creation. The Survey on the Active Population between July and September has resulted in an increase of 60,800 unemployed, compared to the more than 127,000 in which it was cut in the same period a year earlier or the reduction that was achieved in the previous quarter, in the months before summer. This increase in unemployment is derived above all from an increase in employment of just 77,700 people in the third quarter, which is less than a quarter of what it was a year ago and is far from the rise of 383,000 that was achieved from April to June. The EPA data shows a clear worsening of employment that coincides with the end of the summer campaign and raises the specter of recession or zero growth in the remainder of the year.
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