Unemployment levels in Spain rise slightly in August, after holiday season draws to a close.
During the month of August, the number of people registered as unemployed in Spain stood at 3,382,324, a rise of 1.4% (or 46,400 people), according to latest government figures.
Murcia recorded the most significant rise in unemployment at 3.6%, followed by the Balearics (3.1%), Catalunya (2.6%), the Comunidad Valenciana (2.3%) and Andalucía (2.1%). However, it is quite normal for unemployment to grow after the summer months as holiday maker’s return home and summer jobs come to an end, especially in popular tourist areas of Spain; we must note that the unemployment figure is still 8.5% lower than what is was a year ago.
In contrast, unemployed dropped by more than 2% in La Rioja and Cantabria during August.
Over the past 12 months, unemployment levels in Spain have dropped by 8.5% (315,000). Since August last year, all of Spain’s seventeen regions experienced a drop in unemployment levels with the most significant being in the Balearics and Aragon (both 12.6%) and Cataluyna (10.8%).
The Government unemployment figures (published by the Ministry of Employment) are usually significantly lower the Active Population Survey (EPA) because they do no included people who are unemployed but not registered as so on the system. By the end of June, unemployment levels stood at 3.91 million, the first time in eight years that levels have dropped below 4 million, according to the last EPA report.
Statistical figures sourced from: MuricaToday!
Tags: Andalucia, Summer Jobs, Tourism Spain, Unemployment in Spain, Work in Spain