Thursday, April 23, 2015

It increased the unemployment rate in Spain – Los Andes (Argentina)

The number of unemployed in Spain fell by 13,100 people during the first quarter of the year , to reach 5,444,600, despite which the unemployment rate increased by seven hundredths to 23.78%, by the decrease in the labor force.

According to the Labour Force Survey (EPA) published today by the National Statistics Institute (INE), employment fell by 114,300 workers, the smallest decline in the first quarter since 2008, to 17,454,800 occupied, while the activity rate 32/100 was reduced to 59.45%, explained EFE.

The decline occupation and unemployment (despite the increase in the unemployment rate) is supported in the evolution of the active population, which was reduced by 127,400 people, to total 22,899,400.

According to INE, declining unemployment between January and March is the largest recorded in the first quarter since 2005 and the first quarter of last year, unemployment fell by 488,700 people. From January to March, female unemployment increased by 8,300 people and reached the rate of 24.98%, while among men fell by 21,400 and reached 22.74%.

The unemployment rate decreased among those aged 20 to 24 years and among those over 55. By nationality, down at 16,800 increased by 3,700 Spaniards and foreigners.

In the first quarter unemployment rose in the services sector (35,300 more ) and agriculture (9,700), while it decreased in construction (7,200) and industry (4200). In terms of occupation, employment declined more among women (76,200 less) than among men (38,100 less) and, by nationality, fell more among Spaniards (86,300 less) than among foreigners (28,000 less).

The EPA also released today the number of households with all members unemployed, which rose in the first quarter at 27,300, reaching 1,793,600, so that the downward trend that began in the second breaks quarter last year.

Unemployment, which reached 26% of the workforce in 2012, has been the main result of the economic crisis in Spain since 2008 and has caused a large number of unemployed long life.

In a first assessment of the data, the Minister for Employment, Fatima Banez, highlighted the year drop in unemployment of 2.15 points and ensured that employment is being created is quality.

The total number of employees with a permanent contract increased by 25,300 this quarter, while temporary contracts fell by 114,500, said DPA.

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