Thursday, 2 October 2014

Best September job figures in last eight years

 
Unemployment is one of the major economic problems of Spain, the high number of unemployed is one of the main reasons so many economic and fiscal reforms occurring in our country in recent years. Looking at the data of September we have cause for hope though much have to work to solve such a  big problem.
 
Employment returned to the path of recovery last month, with a timid 0.07% monthly rise in job creation that nevertheless produced the best September figures in the last eight years, according to the Labor Ministry. Part of the reason is that the point of comparison for the new numbers are September figures from the crisis years, when the end of the summer season spelled a return to the unemployment lines for many tourism industry workers.
While this September Spain had 16,661,703 people registered with the Social Security system, which is used as a measure of official employment, there was also a 0.48% rise in jobless claims from a month earlier, to reach 4,447,650 individuals.
 
Most of the new positions were created in education, coinciding with the beginning of the academic year, followed by clerical work and auxiliary services.
But 41,724 hotel and restaurant workers, as well as 25,160 salespeople, lost their jobs last month.
Year on year, there was a 2.18% rise in Social Security affiliations and 276,705 fewer jobless claims than in September 2013.

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