Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Unemployment in Spain falls below four million for first time since 2009

Source: El Pais - Thu 27th Jul 2017
Unemployment in Spain falls below four million for first time since 2009

In the second quarter of 2017, the number of people without work in Spain fell to below four million for the first time since the first three months of 2009, when unemployment rose above that threshold a few months after the collapse of the US investment bank Lehman Brothers in September 2008.

The number of people out of work also experienced the biggest quarterly drop since current records began in 1964. With 340,700 fewer jobless claims, an 8% decline, the total figure was at just over 3.9 million. A year earlier that figure was 4.57 million people.

So far this year, the number of jobless claims has fallen by 660,400. The unemployment rate is now 17.2%, nearly three percentage points lower than 12 months ago, according to the latest quarterly labor force survey (EPA) released on Thursday by the National Statistics Institute.

Spain is experiencing solid economic growth but there are concerns over the temporary and part-time nature of many of the new jobs being created.

Recommended Reading :

* Spain's unemployment falls by 100,000 in June as Tourism season kicks off

* Five Spanish regions among EU's top 10 unemployment Black Spots

Comment on this Story

 
Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Articles

Related Blogs

 
When shopping for bodyjewelrytips, never buy anything that has nickel. The best type of material is the steel, titanium, wood, anodized gold or gold. Most nickel products will rust and may infect your ear. If you have pierced the naval or eye, you do not need to worry, as that is the most versatile part of the body. You can wear rings, straight, curved or fancy and captive beads. There are many leading body piercing jewelry that offer some of the biggest collection at very affordable price. In regard to shopping, always go to a wholesale shape as that is the sure place of getting any type of body piercing jewelry. The only thing that you need to be careful about is the material used to make the jewelry. There are instances when body piercing might go wrong and the result is an infection. In order to avoid this, make sure that the person doing the piercing is qualified to do so. After piercing is done Bodys piercing trends, you should keep the area sterilized and clean. Use warm water to wipe dirt. Never use spirits as they will corrode the area resulting to a wound which might cause an infection.