Decreased rate of unemployment in Spain in the third quarter – Prensa Latina

This is the first time in six years that the rate of unemployment is placed below the 20 percent, stressed the economically Active Population Survey (EPA) disseminated on Thursday by the INE.

however, this enhancement occurs in a period traditionally positive for the labour market and especially for the services sector, due to the temporary contracts of the summer season and the momentum of the tourism industry in this time of the year.

These results represent a decline of 1,09 percent from the second quarter and of 2.27 points in a year, said the statistical agency.

Between July and September, the number of unemployed in the iberian country went down from 253 thousand 900 persons compared with April-June.

According to the EPA, a tool that provides more data to analyze the evolution of the unemployment survey conducted by the Ministry of Labour, employment increased by 226 thousand 500 workers in connection with the second quarter, up 18 million 527 thousand 500.

In terms of segments of activity, services was the one that showed a further quarterly increase of employed persons (102 thousand and 100), thanks to the push of tourism, followed by agriculture and industry (11 thousand 300), and, more away, by the building (four thousand).

In the last 12 months, unemployment decreased by 530 thousand people, added the poll.

For its part, the number of households with all active members unemployed, another indicator to measure the drama of this scourge, reached a million 438 thousand 300, which represents 55 500 thousand less than in the previous quarter.

During the crisis, the unemployment rate climbed to 27 percent, although in the last two years, a slow economic recovery contributed to a progressive improvement.

however, Spain remains the second country of the euro area with the highest rate of unemployment, exceeded only by Greece, and it boasts one of the highest rates in the European Union.

The announcement of these statistics coincides with the debate of investiture of the president of the Government in office, the conservative prime minister, Mariano Rajoy, who is expected to be elected Saturday to a second term.

Rajoy did the economic recovery of hispaniola, which grows at the rhythms of close to three per cent per annum, and the reduction of unemployment his main argument to be reelected in office.

But most of the opposition parties, he is reproached for having done so at the expense of the casualisation of employment, through a contested labour market reform that facilitated the dismissal of workers.

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