Unemployment levels in Spain have been falling but still a third of youths are unemployed.
Many people in Spain have struggled to find continuous and steady work since the economic crisis, especially so for the younger generation. Many people in their 20’s are financially “dependent on their parents, and sometimes their grandparents”, says Labour Minister Magdalena Valerio.
The government will spend €2 billion over the next three years on offering better training to the under-30s in languages and digital skills as well as offering apprenticeship type training programs.
In the second quarter of the year (Q2), a total of 469,900 jobs were created in Spain – the highest number achieved in any three-month period – taking the number of employed up to 19.3million, reports newspaper El Pais. Unemployment fell to its lowest point in a decade to just short of 15.3%, according to the National Statistics institute (INE), taking the figure to 306,000.
But despite positive employment figures during spring, unemployment rose by 47,047 from July to August, the largest August increase since August 2011. Job creation rose in health and hospitality but fell in education, manufacturing and construction.
In November, unemployment figures fell for the first time since July – but only just – decreasing by 0.06% (or 1,836 people) from a month earlier, Ministry data shows.
Around 14.55% of people in Spain are registered as unemployed, the second highest amount in the Eurozone – after Greece. Within three years the government aims to reduce youth unemployment, which currently stands at 33%, by 9.5%.Tags: Jobs in Spain, Spanish economy, Unemployment Spain, Youth unemployment