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

Feb Unemployment up 9.6 pct on last year

Sat 3rd Mar 2012
Feb Unemployment up 9.6 pct on last year

The Secretary of State for Employment, Engracia Hidalgo, yesterday released data showing how the number of unemployed in Spain rose during Februrary for the seventh consecutive month.

An additional 112'269 registered themselves as being newly unemployed over the course of the month - a 2.44% increase on January, and a 9.6% increase - 412'835 people, on February 2011.

The Ministry of Employment went on to state how last month saw the second largest growth in unemployment figures recorded for a February since 1997. Only saw higher figures when unemployment for the month reached 154,058. By comparison the figure for 2011 stood at 68,260.

On presenting the figures, Hidalgo commented how this justified the Government's introduction of the Labour Reforms last month as a measure intended to reduce the escalating numbes joining the dole queues, and encourage Spain's businesses to start hiring once again.

Comment on this Story

Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Articles

Related Blogs