thinkSPAIN Logo
  • Buy

    Property for Sale

    • See all properties for sale
    • Start your search using our filters
    • Use our map search
    • Draw your search area
    • Where? Use our location filters

    Popular real estate searches

    Apartments/Flats Fincas/Country Houses Townhouses Villas
    Garden Lift Luxury New Build Parking/Garage Pool Sea View Terrace/Balcony
    Alicante Almería Barcelona Benahavís Calvià Cartagena Costa Blanca Costa del Sol Dénia Estepona Girona Gran Canaria Ibiza Javea / Xàbia Madrid Mallorca Marbella Mazarrón Mijas Murcia Málaga Orihuela Palma de Mallorca Tenerife Torrevieja Valencia
    Browse all locations and property types
  • Rent

    Property for Rent

    • See all properties for rent
    • Holiday rentals
    • Start your search using our filters
    • Use our map search
    • Draw your search area

    Popular rental searches

    Apartments/Flats Fincas/Country Houses Townhouses Villas
    Garden Lift Mountain Views New Build Parking/Garage Pool Sea View Terrace/Balcony
    Alicante Almería Almuñécar Altea Barcelona Calvià Cartagena Costa Blanca Costa del Sol Dénia Estepona Gran Canaria Granada Ibiza Madrid Mallorca Marbella Murcia Málaga Orihuela Palma de Mallorca Tenerife Torre-Pacheco Torrevieja Torrox Valencia
    Browse all locations and property types
  • Sell

    I want to advertise on thinkSPAIN

    • I'm an estate agent & want to list my properties
    • I'm an owner and I want to advertise my property directly

    I'm looking for an estate agent in:

    Alicante Almería Barcelona Castellón Cádiz Girona Granada Málaga Tarragona Valencia
    See all estate agents
  • Where?

    Where to buy/rent?

    • Search by lifestyle needs (Location filters)
    • Browse locations by features/services
    • Use our map search
    • Draw your search area

    Popular location searches

    Alicante Almería Barcelona Castellón Cádiz Girona Gran Canaria Granada Ibiza Madrid Mallorca Murcia Málaga Tarragona Tenerife Valencia
  • Map / Draw Your Area

    Use our interactive map to find properties

    • Map search
    • Draw your search area

    Popular map searches

    Alicante Almería Barcelona Benahavís Calvià Cartagena Costa Blanca Costa del Sol Dénia Estepona Girona Gran Canaria Ibiza Javea / Xàbia Madrid Mallorca Marbella Mazarrón Mijas Murcia Málaga Orihuela Palma de Mallorca Tenerife Torrevieja Valencia
  • How can we help you?

    • Articles & Guides
    • Business & Services Directory
    • Jobs in Spain
    • Advertiser Login
    • Advertising with thinkSPAIN

    Popular searches

    Lawyers / Solicitors Mortgage Brokers Estate Agents Property Maintenance / Management Currency Brokers Surveyors Architects / Architectural Design Tax Consultants
    Finance, Legal & Taxes Buying in Spain Living in Spain Moving to Spain Finding the right property News Areas in Spain Spanish Lifestyle & Culture Property Market Working in Spain Top Locations & Properties Real Estate Market

By Signing up you are agreeing with our Terms and Privacy Policy.

Looking for the Professionals/Advertiser Login?
or

Don't have an account?  

Sign up

By Signing up you are agreeing with our Terms and Privacy Policy.
or

Already have a thinkSPAIN account?

Sign in/Register

Looking for the Professionals/Advertiser Login?

By Signing up you are agreeing with our Terms and Privacy Policy.
or

Don't have an account?

Forgot your password?

Feedback is welcome

By submitting this form, you confirm that you agree to our Terms of Use and Privacy Policy.
thinkSPAIN Logo

Unemployment falls to lowest numbers in a decade

 

Unemployment falls to lowest numbers in a decade

thinkSPAIN Team 12/08/2018

Unemployment falls to lowest numbers in a decade
JOBLESS figures fell in July to 3.13 million – the best result in nearly a decade – with 200,903 workers taken off the dole compared with the same month last year, according to the ministry of work and social security.

The department, led by Magdalena Valerio – who has radical plans to overhaul employed and self-employed workers' rights since her appointment in early June – says last month saw 27,141 people given jobs and brought the unemployment total down to its lowest figure since December 2008, about a year after the financial crisis started to creep in.

Highest-ever unemployment was seen in February 2013, just 15 months after the previous right-wing PP-led government came into power and five months after they had set up a battery of belt-tightening measures including tax hikes that left residents poorer than ever.

This figure of 5.04 million unemployed has, thankfully, never been reached again, and the number is currently 1.91 million fewer than five-and-a-half years ago.

Women continue to be more likely to be out of a job – 1.85 million still are, compared with 1.28 million men.

But job security and long-term prospects remain elusive – the hike is largely due to the time of year and the greater availability of seasonal work in the tourism industry: only 9.1% of new jobs offered and taken up in July (190,151) were of a permanent nature, with the remaining 90.9% (just under 1.9 million) being temporary contracts ranging from a few days to a few months.

That said, the number of permanent jobs taken up, as opposed to temporary ones, increased by 25% on July last year.

And in real terms, not taking into account the effects of seasonal employment, July only saw 12,183 people find work.

This is shown by figures that reveal the services sector – considered, in Spain, to focus on retail and catering – was the one which saw the largest drop in unemployment, with 16,179 new jobs provided compared with a quarter of that (4,172) in industry and one-eighth of it in building and construction (2,650).

Agriculture saw 571 people acquire jobs, and the figure is likely to rise again in September with the grape harvest.

Of the total, 3,569 people started their first-ever jobs in July.

Many of these were young adults, who – along with the over-45s – are the hardest-hit by unemployment; in fact, the number of under-25s on the dole fell by 2,523 overall.

Whilst unemployment in those aged 25 and over fell much more drastically, by 24,618 people, the difference is partly attributable to the fact that, in Spain, a higher proportion of young adults go to university and staying on for post-graduate study is much more mainstream, meaning the majority are aged at least 22 or even 24 before they seek work, especially if they study the compulsory public-sector exams, or oposiciones, which are full-time and almost impossible to combine with paid employment.

Foreigners on the dole now account for 371,171, having gone down by 8,704 – of those still seeking work, 136,063 are from European Union member States and 235,108 are from elsewhere in the world.

Despite the tourism industry normally meaning extra work available in summer, unemployment has increased in the Balearic Islands, by 656 people.

The same has occurred in the Basque Country and Navarra, with an additional 572 and 515 people respectively signing on.

Galicia, Andalucía and Castilla-La Mancha have seen the greatest falls in unemployment in the last month at 6,653, 5,534 and 2,818 respectively

Permanent jobs are more likely to be full-time than temporary jobs – the latter more often being part-time hours only, and not through workers' choice.

In the case of those jobs which do not have an expiry date and are intended to be indefinite, nearly two-thirds, or 113,954, were full-time compared with 52,068 which were part-time.

This means that although part-time hours have increased in permanent jobs – by 16.46% - so did full-time jobs, by 23.8%.

 

 

Related Topics

  • Education/Work

More News & Information

Foreign incomers push population above 48 million for first time ever
Society 22/02/2024
Foreign incomers push population above 48 million for first time ever

SPAIN'S headcount has risen to its highest figure in history – for the first time ever, the population has broken the 48 million barrier.

View
Primark seeks 200 employees for new store in Madrid
Health & Beauty 28/01/2024
Primark seeks 200 employees for new store in Madrid

BUDGET clothing store Primark has announced plans to open another branch in Madrid next month – the chain's 61st retail outlet in Spain.

View
Minimum wage 'could rise soon': How much do Spain's workers really earn?
Education/Work 30/11/2023
Minimum wage 'could rise soon': How much do Spain's workers really earn?

JUST two weeks after socialist president Pedro Sánchez was sworn in for a fresh term, his deputy Yolanda Díaz has expressed a desire to increase the minimum wage in Spain.

View
Spain tackles GP crisis: Doctors get double pay for not retiring
Society 05/07/2023
Spain tackles GP crisis: Doctors get double pay for not retiring

PRIMARY care doctors have been given the option to claim 75% of their State pension along with 100% of their salary to continue working beyond retirement age in a bid to address the shortage in Spain's health...

View

Advertisement

  1. Spain
  2. Unemployment falls to lowest numbers in a decade