spain jobs

unemployment spain

Spain Loses Almost 950,000 Jobs Since The Beginning Of The Coronavirus Confinement

The Social Security has lost 947,896 affiliates since the beginning of the COVID-19 crisis and up to end-April, leaving the total number of contributors at 18.39 million. Meanwhile unemployment grew in these last two months by more than 585,000 people, exceeding 3.8 million unemployed. The Ministry of Labour has not included the almost 3.5 million Spaniards protected by a situation of total or partial suspension from work via temporary layoffs.

Temporary layoffs concentrate in activities mainly linked to trade and tourism

Unemployment in Spain: that accursed seasonality

Caretaker Prime Minister Mariano Rajoy is stubbornly holding on to his target-promise that Spain can create 20 million jobs by 2020 if the current economic policy is maintained. But the reality of the Spanish economy is just as obstinately demonstrating that there are very considerable holes.