Low number of unemployed in Spain during 2014 – Milenio.com

Low number of unemployed in Spain during 2014 – Milenio.com

In 2014 Spain as the first year of the crisis with employment growth, after lowering the number of unemployed persons 477 000 900.

In the country there are still five million unemployed 457 000 700 A of the highest rates in the European Union.

According to the Labour Force Survey (LFS), released today by the National Statistics Institute (INE), the unemployment rate stood at 23.7% of the workforce, one point below the forecast of the conservative government of Mariano Rajoy (24.7%).

Thus, after six consecutive years of job losses in 2014 were created in Spain 433 000 900 jobs, accelerating the pace of development of annual employment to 2.53%. One must go back to 2007 to find the last time employment was generated in the country, then were 522 000 500 jobs.

The EPA data indicated that 2014 closed with 17 million 569 000 100 occupied, its highest level since the third quarter of 2012 and 5 million 457 thousand 700 unemployed, placing the unemployment rate at 23.70%, two points less than at the end of 2013 (25.73%).

With the decline in unemployment achieved in 2014, are strung two consecutive years of declines after six years of increases. In 2013, unemployment fell by 85 thousand 400 people, 5.5 times less than it did in 2014.

To that 5.45 million unemployed reflected by the EPA came after unemployment rise in the fourth quarter of 2014 to 30 000 100 unemployed (0.55% increase), the second smallest increase this quarter since 2004.

The figures were described by the Minister of Economy and Competitiveness, Luis de Guindos, “good and positive” and said that from spring unemployment data will be even better.

“That employment has increased by about 435,000 people, with permanent contracts, full-time and all important sectors of the Spanish economy and unemployment has fallen in 480,000 people is very good thing, “he said.

Therefore, Guindos noted that of the 435,000 people who found employment during 2014, most have done so with a permanent contract. “That’s the reality,” said the minister. “We have to be satisfied because we have turned around the situation,” he said.

While the Deputy Prime Minister Soraya Saenz de Santamaria said that new EPA data shows a “change of trend “which means” the opening of a new stage “which, in his opinion, that the reforms imposed by the government of Rajoy” clearly deliver results. “