Unemployment falls in Spain

02:06 PM · Comments Off · Categories: News from Marbella Costa del Sol · Tags: crisis, employment, jobs, unemployment

The total number of unemployed fell in the fourth quarter in Spain from October to December by 8,400 people in the previous quarter to stand at 5,896,300 people, this data which changed the unemployment rate at 26.03% of the active population according to a report by the National Institute of Statistics ( INE ). In 2013 the total number of unemployed people fell by 69,000 to 5,896,300 – (expansion.com)

This is the lowest drop registered for the first time since the second quarter of 2007

The increase in the annual rate of unemployment in 2013 up to 26.03% ( 26.02% in 2012), has been reduced by 267,900 people in the labour force during the year, reaching 22.65 million, a figure that makes up for the drop in unemployment.

In terms of job losses in the last quarter of the year, employment fell by 65,000 to a total of 16,758,200 breaking a streak of two consecutive quarters of job creation.

Unemployment down

Compared with the previous quarter the biggest declines in unemployment occurred in the Canary Islands ( 21,600 fewer people), Catalonia ( 20,100) and the Principality of Asturias ( 11,400 ), while the largest increases have occurred in the community of Madrid ( 37,400 more unemployed ), Balearic Islands ( 29,100 ) and Castile and Leon ( 9000 more).

This quarter occupancy decreased by 30,200 persons in private employment and 34,800 in public employment while over the whole year the reduction was 121,400 people and 77,500 public workers and private workers.

By sector in the last 12 months alone employment was created in agriculture ( 85,200 jobs ), while services fell sharply ( 109,100 ), construction fell ( 35,200 ) and so did manufacturing by ( 6,000).

Unemployment in Spain down

11:13 AM · Comments Off · Categories: News from Marbella Costa del Sol · Tags: down, spain, unemployment

The amount of people unemployed in Spain fell by 2,475 in November from the previous month. It is the first time a decline has been registered of falling unemployment in November, the ministry of employment says this is the first this has occurred, the total number of unemployed stood at 4,808,908 at the end of November.

Unemployment has dropped in Spain in November

In the last year, registered unemployment has fallen by 98,909 people.

Spain awarded 1.8 billion euros of EU money to help under 25´s find work

02:39 PM · Comments Off · Categories: News from Marbella Costa del Sol · Tags: europe, mariano rajoy, unemployment, youth

Recently Mariano Rajoy has been in Paris participating in the second seminar on promoting youth employment in the European Union, a meeting joined by twenty four heads of State and Government of the EU, Spanish Prime Minister, Mariano Rajoy, declared to the authorities that Spain will use the 1.8 billion euros of European Union finances with regard to youth employment assigned to Spain, around the endeavours of its Entrepreneurship and Youth Employment Strategy, and will achieve this task at the earliest opportunity.

Rajoy revealed that the Government of Spain will publish an official document to the European Union in December outlining the way the funds will probably be invested, and also particularly talked about scholarships, National Insurance credit plans and taxation cuts in some areas. The president explained the money is going to be used on “programs which support the younger generation to embark on entrepreneurial activity if he or she desires to do so, as well as plans which permit organisations to employ the younger generation”.

Throughout the meeting, the Prime Minister maintained that the countries economy has to grow to generate work opportunities and needs to apply particular procedures in order to resolve the difficulties experienced by the country’s younger generation.

Spain is to be awarded 1.8 billion to aid with youth unemployment problems

Regarding economic growth, Rajoy guarded the fiscal debt consolidation policies as well as structural reforms applied by his administration, emphasising they are at this point generating good results and pointed out the reality that Spain has created economic growth the first time since the first quarter of 2011, although “nevertheless somewhat small however a positive outcome nevertheless”, and declared he feels that the pattern will probably continue on in to the fourth quarter of 2013.

The Prime Minister additionally mentioned that the quantity of the younger generation aged between 18 and 25 who had been without a job as of the 31st October 2013 was less than it had been a year ago, a occurrence not seen since 2007.

Mariano Rajoy declared how the Government’s approach from now on is going to be targeted at accomplishing 3 goals: carrying on with the structural reforms; dealing with the credit issue; as well as attempting to increase training.

Particularly with regards to the situation of training, Rajoy declared one of many challenges talked about lately is the need to have individuals with training in the electronic digital world.

He stated: “You will find 300,000 jobs in Europe not being filled due to a insufficient qualified professionals and it’s also believed there may be 900,000 vacancies in The European Union in 2015 in most fields associated with the electronic digital agenda. We are going to have to concentrate on these kinds of challenges; we shall have to try to make sure training covers these types of specific niche market job areas, that could become extremely significant”.

Mariano Rajoy mentioned that even though Spain possesses amongst the greatest unemployment problems in Europe, he is convinced numerous good decisions have already been undertaken and advancement is moving in the right direction. “therefore I’m confident that all the efforts being created from the men and women of Spain will certainly result in tangible results”, he came to the conclusion.