Page 35 - economic report 2021

NUMBER OF EMPLOYEES
Table 4.2

2021 % var. 21/20 % total 2021
Agriculture, livestock, hunting & forestry 154 -1.5 0.4
Industry 1,693 -3.3 4.5
Construction 3,717 6.9 9.9
Services 32,118 -2.9 85.2
Commerce & motor vehicle repairs (etc.) 8,174 -5.8 21.7
Hotels & catering 3,640 -15.9 9.7
Financial system 1,765 0.4 4.7
Public administration, defence & mandatory social security 4,675 3.4 12.4
Others 13,865 0.5 36.8
Total 37,683 -2.0 100.0

Source: CASS (Andorran Social Security System) / Department of Stat st cs.

2020 and putting the level close to that of 2016. As a result, the percentage of total employees of
the service sector fell one point to 85.2%, the lowest level since 2011. In contrast, construction
increased to 9.9%. Lastly, agriculture and industry stayed at 0.4% and 4.5%, respectively.

Among tertiary activities, there was a notably strong decline in employment in hotels and catering,
by 15.9%, reducing this subsector’s percentage to a new historic low of 9.7%. Employment also
fell significantly in commerce, transport and 33
other social activities and services to the Within services, hotels and catering
community. In contrast, there were notable was the sector in which employment
increases in the number of employees in health shrank most, due to the relat vely
activities, education, public administration and
real estate and rental activities. In any case, greater impact of the pandemic.
commerce and motor vehicle repairs are still
the most important services subsector, with 21.7% of total employees in Andorra. These are
followed by real estate and rental activities and business services (14.9% of total employees) and
public administration, defence and mandatory social security (12.4%).

Within this context, the number of job seekers fell by 10.1%, to 886. In contrast, the number of
people looking for a better job grew significantly, reaching a new historic high of 640 applicants.

The number of job seekers fell below In parallel, the number of jobs offered at the
the number of jobs of ered. Job Service increased significantly (36.7%),
breaking the trend of three consecutive years
of decline and raising the figure to more than The Andorran economy: general developments | IV. Population, employment and education
one thousand jobs, higher therefore than the number of job seekers. This trend reflects the
reactivation of recruitment plans by businesses as the pandemic came under control. So, the
ratio of number of applicants per job has fallen to 1.4 and the job market has begun to tighten as
certain sectors appear to struggle to find workers again.

The continued impact of the pandemic on the labour market in 2021 led to an increase in the
number of people on unemployment benefits, which went from 54 to 134, the highest level
since these benefits were first offered in 2009. This meant that the coverage rate for job
seekers almost tripled to 15.1%. In any case, the coverage rate is still very low when compared
to our European neighbours.