Unemployment levels in Spain fell by 8.06% in the second quarter (Q2) of the year, meaning an extra 306,000 people found themselves a job, according to the Active Population Survey (EPA) by the government’s central statistics unit.
Q2 figures now show that 3,490,100 people are registered as unemployed across the country, the lowest quarterly total since the last quarter of 2008, reports newspaper Murcia Today.
In Q1 2013 unemployment levels stood at 6.2 million, but since then the number of people out of work has gradually fallen, apart from seasonal rises and a minimal 0.78% rise in the first quarter of this year.
All of Spain’s 177 regions reported falling unemployment levels during Q2, with the sharpest decrease of 29.6% occurring in the Balearics and a fall of over 13% in Asturias, Aragón and Castilla y León.
In the last twelve months, almost 425,000 people registered as unemployed have found themselves a job, a reduction of 10.84%. Unemployment figures have fallen from nearly 27% in 2013, according to the EPA, however Spain’s unemployment rates are still amongst some of the highest in the EU and Eurozone.Tags: Spanish Unemployment Rate