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Spanish unemployment at lowest levels since August 2011

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Posted By: The Corner 2nd July 2015

 

Compared to June 2014, the number of unemployed declined by 329.397 people, i.e. a YOY decline of 7.4%.

 

According to official data, there are 302,055 less registered unemployed than last December.

 

The unemployment rate usually goes down in June in all regions and sectors due to the beginning of the summer season. In the last seven years the number of registered unemployed has decreased by 74,000 people on average.  But this year the reduction has been slightly lower.

 

On the other hand, the number of people affiliated to the Social Security increased by 3,085 in June from a month earlier, an increase of 0.20 per cent. The total number of people affiliated to the system currently stands at 17,256.395.

About the Author

The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.

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