The Espriu Foundation praises the role of the social economy and the increase in jobs


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The Espriu Foundation praises the role of the social economy and the increase in jobs

The Espriu Foundation has taken part in the 26th Assembly of the Spanish Confederation of Social Economy Enterprises (CEPES), with the slogan ‘Social Economy companies looking towards the future of employment and sustainable growth’. The foundation is part of this confederation, as well as being one of the co-sponsors of the event.

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The meeting brought together members of the world of politics and institutions, along with a hundred organisations represented through CEPES’ members and those of the Social Economy of Spain, a sector which currently includes more than 43,000 companies, providing employment to more than 2.2 million workers nationwide.

Carlos Zarco, managing director of the Espriu Foundation, highlighted the role of co-operatives in society, specifically that of healthcare cooperatives. In this regard, he pointed out that people and social values prevailing over economic profits is intrinsic to the DNA of Social Economy companies. What's more, profits are reinvested to allow the company to grow and create more jobs.

On this point, CEPES explained that the Social Economy sector spawned a total of 3,100 new companies between 2016 and the third quarter of 2017, according to data from the Ministry of Labour and Social Security.

Over the same period, the number of companies created translated into 12,767 new jobs. This brought the number of Social Economy companies to 43,435, providing either direct or indirect employment to 2,231,607 people within the sector throughout Spain.

The meeting was also attended by the minister for Labour and Social Security. Fátima Báñez, who said that the Social Economy plays an important role in the future of employment, “prioritising companies’ greatest asset at present: people”.


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