The Gipuzkoa business association states that absenteeism is one of the biggest concerns for 31% of companies, a figure that has tripled compared to 2023.
The chairman of the Gipuzkoa business association Adegi, Eduardo Junkera, predicts that Gipuzkoa’s GDP will rise by 1 to 2% this year, in similar terms to 2023, while predicting that employment will “continue to perform strongly and between 3,500 and 4,500 jobs will be created.” Additionally, he said absenteeism is one of the top concerns for 31% of companies, a figure that will triple from 2023.
Referring to to trusthas indicated that “85% of companies believe that the market situation is normal or has been reactivated, and one in seven companies believes that it is a recession, especially in the sector.”
At a press conference to present the latest investigation into the situation of the employers’ association Gipuzkoan, carried out last January, Junkera, accompanied by the General Manager of Adegi, José Miguel Ayerza, and the Head of Competitiveness, Patxi Sasigain, emphasized that the results “are similar” to last year’s, “with minor variations.
Junkera has stressed that the problems in hiring qualified staff and high labor costs and salary increases are to blame “main concerns” for 45% of companies, while the absenteeism from work, which “weakens productivity”, is “the thing that is increasing the most and worries 31% of companies”, a figure that has tripled compared to last year. In this regard, Ayerza has pointed out that this is something “common” across all sectors, which they will analyze “exhaustively” in the coming months.
To this, Junkera added that we also need to ‘monitor’ last year’s ‘trend’, which seems to be continuing this year. decline in investments productive for companies. For this year, he has indicated that “27.5% of companies plan to increase their investments, five points less than in 2023 and the second lowest result since 2013.” Moreover, 27% predict they will invest less, “which, if fulfilled, would mean 11.5 points more than in 2023,” he pointed out.
Finally, seven in ten companies say they have normal or high order levels, and 17% of companies do so order level has increased compared to the previous quarter.
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.
