Wednesday, March 29, 2023

Marketing to create 4,000 jobs in February

The automotive sector started the year 2013 with a positive development of employment in businesses and factories. The sale and repair of nearly 4,000 vehicles was created at the end of February. Instead in industry, employment had a less positive development.

The latest figures from the Social Security Agency show that dealers, vehicle sales and establishments ended in February with 337,020 workers, which means 3,951 more employed, 1.2% more than in the same month of 2022. The latest figure also represents a comparative increase. the average number of employees in 2022, which was 334,790.

More mango profitability

The improvement in employment in the vehicle distribution and repair sector coincides with an increase in dealer profits up to 2% above average. In addition, after the decline of registrations in 2022, closing worse than expected due to problems in delivery vehicles, the sector expects an increase in registrations in 2023 that could reach 17%, according to the estimates of the consulting firm MSI. The main increase will be placed in the increase of deliveries to renew the rental car classes.

On the other hand, the manufacturing of vehicles and components did not have such a positive development. It suffered a slight loss of 239 workers at the end of February with 148,925 employed, which is roughly equivalent to the stagnation of employment recorded by Social Security according to the most recent data from the Ministry of Labor.

The results of Ford’s ERE

However, 148,925 employed at the end of February represent an increase compared to the average for 2022, which was 148,671 workers. This trend is taking place after a positive streak in production that began in the summer of 2022 and lasted until January. Production halted in February due to a lack of spare parts has returned to a good part of the factory.

Information over the coming months will also mention the effect of the ERE that has begun to be dealt with at Ford, which affects more than 1,100 in its structure in Spain, from the Valencia factory to the offices in Madrid.

Nation World News Desk
Nation World News Desk
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
Latest news
Related news