Page 36 - economic report 2021

JOB SEEKERS AND JOBS OFFERED JOB SEEKERS BY EMPLOYMENT
Chart 4.11 SITUATION. 2021 - % of total Chart 4.12

Job seekers Jobs of ered

Source: Department of Employment & Work / Department of Stat st cs.

Source: Department of Employment & Work / Department of Stat st cs.
By ages, the fall in numbers of job seekers was
mostly among those aged 18-25 (-8.2%) and
26-39 (-27.6%), representing 23.3% and 24.9% The fall in the numbers of job seekers
of the total, respectively. In the other age is mostly between the ages 18-39.
brackets, the number of job seekers remained
practically stable. As a result, most job seekers
are still aged between 40-59 (42.2% of the total).

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Another notable feature of job seekers in Andorra is that 8 of every 10 have been unemployed
for less than six months, although this figure has fallen a little in comparison with 2020. For its
part, the percentage of structural unemployment (unemployed for more than one year) increased
in 2021 although it is still at very low levels (6.9%). According to data from the Workforce Survey,
The Andorran economy: general developments | IV. Population, employment and education
structural unemployment was slightly higher in 2021, at 8%. All in all, this stems from a fairly
flexible and dynamic labour market that does not create major structural imbalances.

To complete the analysis of job seekers, the distribution by nationalities demonstrates that the
reduction recorded in 2021 was general. Note, however, that the decline was greater among
foreigners (-12.3%) than Andorrans (-6.4%). Among the foreigners, the Spanish are still the largest
group of applicants (279 individuals).

Consequently, overall, the percentage of foreigners in the total number of job seekers has
shrunk to 60.7%. Nevertheless, this is still a higher percentage than their percentage of the
total estimated population of working age (55.3%). However, the Workforce Survey reflects the
fact that in 2021 the unemployment rate of
The number of foreign job seeker Andorrans increased four tenths to 3.9%, while

has risen more than the number the unemployment rate of foreigners fell half
of Andorran job seekers. a point to 2.1%, contrasting with 2019, when
the unemployment rates of both groups were
very similar. Note also that this situation was
also accompanied by significant differences in the inactivity rate of both groups. Specifically,
the inactivity rate of Andorrans (33.6%) is more than ten points higher than that of foreigners
(23.9%). This can be explained by the fact that part of the foreign population returns to their home
countries when their work in Andorra ends or they reach retirement.