social security

The Bizarre Twist of Spain’s Unemployment Data

MADRID | By Julia Pastor and Fernando G. Urbaneja | 1,949 unemployed less in Spain in February. Agreed that it is just a drop in the ocean of almost 6 million of jobless Spanish people, but the figure symbolizes an improvement. A tiny one, but positive at last. For the first time in four years, February’s affiliation to social security increased in 40,000 people, which means reaching a yearly positive rate of 0.4%. If we take a look at the number of affiliated, though, it makes a total of 16.12 million in Spain’s labour market, which surprisingly is one of the worst data in all XXI century.