The first “end of the summer”, the end of August, leaves in unemployment the effects of an economy that continues to rely on tourism as its main source of growth. Thus, unemployment rose by 21,884, in almost all communities, led by the Basque Country and the Mediterranean area. This is an advance in an upward curve that tends to be more so in September, when visitors say goodbye definitively. Moreover,…

According to data from the Ministry of Labour and Social Economy, the number of unemployed registered with the State Public Employment Service (SEPE) fell by 46,783 people in June compared to May (-1.8%), to 2,561,067 people, the lowest figure since August 2008. The improvement in unemployment was mainly due to hotels and catering and trade. Compared with the level of June 2023, unemployment fell by 127,775 persons (-4.75%). Meanwhile, according…

The number of unemployed registered in the offices of the public employment services fell by 58,650 people in May compared to the previous month, representing a decrease of 2.2% in percentage terms, according to data published on Tuesday by the Ministry of Labour and Social Economy. After the decline in May, driven mainly by the services sector, the total number of unemployed stood at 2,607,850 unemployed, its lowest figure for…

Unemployment rose by 117,000 people between January and March, which is 4.1% more than in the previous quarter, while employment fell by 139,700 jobs (0.6%), registering in both cases its worst data in a first quarter since 2020, with the arrival of Covid, the INE (National Employment Institute) reported on Friday. After rising by 117,000 people in the first three months of the year, the unemployment rate stood at 12.29%…

The number of unemployed fell in March by 33,405 (after going down by 7,452 in February and 48,760 in the same month last year). The number of unemployed now stands at 2.73M (-1.2% month-on-month and -4.7% year-on-year). Seasonally adjusted Social Security affiliates increase to 21.03M people (+0.4% month-on-month and +2.4% year-on-year). For Sara García, Secretary for Trade Union Action and Employment of the trade union Unión Sindical Obrera (USO), “we…

According to data published yesterday by the Ministry of Labour, the number of unemployed people registered in the offices of the State Public Employment Service (SEPE) fell in February compared to January, by 7,452 people (-0.27%), to 2,760,408 unemployed. In seasonally adjusted terms, unemployment fell somewhat more, by 28,249 persons. In February 2023 unemployment rose by 2,618. Over the last 12 months, unemployment in Spain has fallen by 150,607 persons…

Bankinter: The number of unemployed increased in January by 60,404 people, after falling in the last two months of last year (by 24,570 Nov-23 and 27,375 in Dec-23). The total number of unemployed stands at 2.77m people (up 2.2% month-on-month; down 4.8% year-on-year) and seasonally adjusted Social Security enrolment stands at 20.88m people (up 38.5 thousand in the month). Assessment: Employment figures increase in January, slightly above the average of…

The National Statistics Institute (INE) published on Friday that according to the Labour Force Survey (Encuesta de Población Activa, EPA), the number of unemployed people decreased in 4Q2023 by 24,600 people compared to 3Q2023, to 2.831 million unemployed, while the number of employed people decreased by 19,000, to 21.247 million. Thus, Spain’s unemployment rate fell to 11.76% from 11.84% in 3Q2023, bringing the rate below the 11.9% expected by FactSet’s…