Bankinter | The number of unemployed rose in January by 38,725 people compared to 55,000 expected and after a decrease of 25,300 in December. The number of unemployed stands at 2.6 million (up 1.5% month-on-month and down 6.1% year-on-year). Seasonally adjusted Social Security affiliates increased to 21.399 million people (35,800 more workers, up 0.17% month-on-month and 2.4% year-on-year). In non-adjusted monthly terms, the number of affiliates fell to 21.09 million…

Bankinter | The unemployment rate has improved to 11.21% in 3Q2024 (down 0.07pp in the quarter, at 2008 levels). The Activity Rate continues to increase in the year to 59.04% (up 137.1 thousand in Q3), with an increase in the number of employed to 21.8 million (up 138.3 thousand), while the number of unemployed remains fairly stable at 2.75 million (down 1,200 people). The number of Employed rises to 21.8M…

Bankinter : The number of unemployed increased by 3,170 people in September (after going up 21,884 in August and with 12,000 expected). The number of unemployed now stands at 2.58M (up 0.1% month-on-month and down 5.4% year-on-year). Seasonally adjusted Social Security enrolled increased to 21.2m (22,220 workers, up 0.1% month-on-month and 2.3% year-on-year). Opinion of Bankinter’s analysis team: The number of unemployed increased below expectations in September, and below its…

In Spain, one in five unemployed individuals has been searching for a job for more than four years without success. This means that 585,000 people have been unable to find employment for over four years, placing the country, alongside Italy, at the forefront of long-term unemployment in Europe.According to data from the Quarterly Labor Market Observatory for the second quarter of the year, prepared by Fedea and BBVA, the incidence…