Spain’s long-lasting recession continues to take its toll on employment. According to figures released on Monday by the Labor Ministry, the number of people registered as unemployed with Spain’s state employment offices has risen above five million for the first time in history. The increase in joblessness in February came in at 59,444, a rise of 1.19 percent which takes the overall figure to 5,040,222.
Social Security registrations fell by 28,691 people, leaving the total number of workers signed up to the system at 16.1 million, the lowest level in the past decade.
The February rise in unemployment is the lowest for that month since 2008, but it means that 328,124 more people are out of work in Spain today than one year ago.
Young people have again been hard hit, with the level of unemployment among the under-25s increasing by 16,026, a rise of 3.46 percent in February.
According to the Active Population Survey, compiled by the National Statistics Institute, there are almost six million people out of work in Spain. The figure is greater as many people do not register as being out of work, particularly if they are not eligible for any subsidies.
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