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.
Since 2013, the number of people registered as unemployed in Spain has fallen by 5 million. During the month of May, unemployment levels in Spain fell by 2.51% to 3,252,130 - the lowest figure recorded since January 2009, reports newspaper Murcia Today.
Unemployment levels in Spain just keep on falling and the running 12 monthly total reveals there is no sign of it slowing down. The number of people registered as unemployed across Spain fell by 3.1% in May, representing a drop of 111,908 to 3,461,128, according to figure released from Spain’s Ministry of Employment.
The number of people unemployed in Spain fell by 390,000 in 2016, according to the latest data published by the Ministry of Employment. By the end of the year unemployment levels in Spain fell by 9.54% to 3,702,974, the largest fall in unemployment the country has ever seen.