IESS recovers another 52,000 affiliates and already adds 3’672,611

Almost 50,000 more people found a formal job in the last four months and managed to sign a contract. And it is these workers with a dependency relationship that make the affiliations to the Ecuadorian Social Security Institute (IESS) reach 3’672,611 shortly after closing this 2021 and remain in recovery after the serious effects of the COVID pandemic- 19.

Social Security reports that until last November of those 3.6 million active members, 67.7% correspond to those who have a dependency relationship: 2’485.090.

Unsecured rate will be reduced from 14% to 11% from the first week of January, announces the president of the IESS

At the beginning of the pandemic, in March 2020, and when confinement was decreed in the country, the affiliates of the IESS in a dependency relationship were 2,621,057. In six months, this number dropped to 2’374,950. In other words, more than 246,100 of these affiliations were lost as a result of the closure of companies and the crisis not only in health, but also in the economy.

Increase in affiliates is a first sign of economic recovery and sources of employment in Ecuador, experts say; but they still see far back to the levels of 2019

The Quito Chamber of Commerce, in an analysis carried out in the middle of the year with data from the IESS, detected that “from September 2020 to July 2021, 61,106 affiliates with a dependency relationship had been recovered, that is, 24.8%, of the total disaffiliations due to the pandemic ”.

Since then, another 49,034 new active members have been added to this group. This from July to November. And the recovery in the last year (from November 2020 to November 2021) is around 85,000 affiliations.

At a general level, there were 206,300 affiliates recovered between July 2020 and July 2021, driven more by unpaid household affiliates since 121,100 returned to the system, in addition to some 47,000 workers with a dependency relationship and 30,000 volunteers. Thus, the active affiliates went from 3′413,841 to 3′620,141.

Between August, September, October and November of this year, 52,470 more members have been recovered, 93% of them are in a dependency relationship (49,034) and the rest without a dependency relationship (1,859) and volunteers (4,388). And so the affiliations in all the groups come to 3’672,611.

In this way, the lost affiliations in the first three months of the pandemic are being compensated. Then – in March, April and May 2020 – there were 240,000 disaffiliations reported by the IESS.

Increase of the sectoral minimums will be 6.25% and can be much higher than $ 25, depending on the salary

The Institute of Statistics and Censuses (INEC) also shows a recovery in the work figures as of November.

Full employment –where those who earn at least the basic salary and work 40 hours a week are located– has a rate of 33.7%, 5.2% higher than a year ago, and in numbers it represents that some 500,000 additional people they now have adequate working conditions. While unemployment fell from 5.6% to 4.4%, both indicators present a “significant statistical difference”, indicates the National Employment Survey published on Wednesday by the INEC. On the other hand, underemployment had a slight increase in this last year, from 24.1% to 24.5%. (I)