Almost 7 out of 10 companies surveyed will keep their workforce and a quarter will even increase it. In addition, more than half of companies say they will raise workers’ wages.
Euskaraz irakurri: Bizkaiko enpresen % 40k you dute susperraldian daudela, eta hala egongo direla 2023ko ekainera art
40% of Biscay companies believe their markets are now in “reactivation”, and that this situation will continue in the coming months. Given this good economic outlook, nearly 7 out of 10 companies plan to keep their workforce, and 25% even announce that they will increase it.
These are some of the conclusions of the survey on the economic and business situation of Bizkaia and the Basque Country in 2022, prepared by the Biscay employers’ organization Cebek, and presented by its president, Carolina Pérez Toledo and its secretary-general, Francisco Javier Azpiazu.
The survey, which was conducted in January at nearly 500 companies in the area, shows that this is the case improved “a little general perception” about the current economic situation, as 44% of companies surveyed described it as “good”, compared to 34% five months ago.
In addition, 62% of the companies consulted are insured will raise wages workforce in 2023, of which a substantial part (59%) due to a general increase in the corresponding salary tables.
Nearly half of companies are going to increase the prices of their products or services below the increase in their costs, which means a reduction in their profitability.
Pérez Toledo recalled that the Basque economy ended 2022 with a growth of 4.2% of GDP, but indicated that all analysts predict a smaller increase of about 1.5% this year. Likewise, he recalled that in the last quarter of 2022 there were “a series of circumstances that made it possible to avoid the specter of a recession,” among which he mentioned inflation control, some supply chain normalization and some minor commodity prices.
Finally, asked about the Basque tax reform, whose negotiations will begin with the PNV and PSE-EE, has assured Cebek’s president that she must find “the balance” between social policy and maintaining business competitiveness. “We are the companies that generate the resources and jobs to contribute to the effectiveness of this social policy,” emphasized Pérez Toledo.
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Source: EITB
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.
