The group of entrepreneurs that is increasing the most is that of people over the age of 64, which amounts to almost 50,000 extra members
Entrepreneurship is no longer something for young people. Contrary to what one might think, the audacity that comes with starting a new activity or business does not resonate with younger employees, but vice versa: precisely with those who end their working period, although this is actually more of an escape valve from to be expelled from their jobs. The data confirms this: Spain has lost more than 110,000 self-employed young people in the last five years. Specifically, the Special Regime for the Self-Employed (RETA) has 110,428 members under the age of 44 between September 2018 and September 2022, according to a report published this Monday by the National Federation of Self-Employed Associations ATA. However, in the past five years, 186,621 people over the age of 45 have joined the RETA; In addition, the group of self-employed people over the age of 61 has grown by more than 100,000, a figure that is much larger than the number of start-ups, which amounted to just over 76,000 in the past five years.
“Demonizing the self-employed and the entrepreneur harms the entrepreneurial spirit among young Spaniards,” lamented Lorenzo Amor, president of ATA, who warned that “we are all doing something wrong, while among young people the culture of entrepreneurship, of risk, of effort, it is not penetrating ».
But not only that, the group of self-employed over 64 has increased by more than 41% since 2018, with almost 50,000 extra members. We also need to add nearly 55,000 people between the ages of 60 and 64, a group that has experienced a 20% increase.
From ATA, they sued the government for “punishing the entrepreneurial and entrepreneurial spirit”, something which they believe has “serious consequences for young people and our business fabric and also for the future of our self-employed”. “We are losing generations of entrepreneurs, we are losing young entrepreneurs,” assured Amor, drawing attention to the fact that this data in turn reflects that those coming of age are not being replaced by young self-employed workers, leaving self-employed workers to be under to be lost in 44 years.
According to age group, the self-employed who have grown the most this year are also the over-64s: 11,588 self-employed are affiliated, an increase of 7.8%. And the self-employed between the ages of 40 and 44 are the ones that have fallen the most so far in 2022, with a loss of -2.8% of the self-employed, followed by a decrease of -2.4% in the self-employed who are between the 35 and 39 years.
Source: La Verdad
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
