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19/6/2021  
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EMPLOYMENT
Positive growth forecast

Unemployment drops in Spain for fifth month


The Spanish Labor Ministry said on Thursday that unemployment benefit claims had dropped by 94,727 - or 2.25 percent - to 4.12 million. According to the government, the number of people without work fell across all sectors except for agriculture - and in every region.
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Unemployment fell in Spain for the fifth straight month in June with services leading the way as the tourist season got into full swing. However more than four million people remain out of work, and once seasonally adjusted the rate is basically unchanged.

Unemployment for the first quarter was 23.8%. The second quarter figures are released at the end of July. Seventeen point three million people paid into the system by the end of June, a 0.2% increase on the month before. However the decline in those demanding benefits was smaller than forecast.

Unemployment has now been falling for five consecutive months, having decreased in February, when there were 13,500 fewer unemployed residents, March (60,200), April (119,000) and May (118,000).

If June’s figures are compared with the same month of 2014, there has been a decrease of 7.4 per cent.
Unemployment rates decreased in practically all sectors, the service industry being the one with a largest drop.
Male unemployment sits currently at 1,877,698, after decreasing by 53,462 people, while female unemployment reached 2,242,606 women, 41,265 fewer unemployed.
Amongst young people, where the crisis has hit hardest leaving those under 25 facing a real struggle to find work, things are also looking brighter, with 26,277 deregistering from the unemployment lists.

Other issues Employment
Coronavirus exposes danger of cuts to sick pay for Europe´s workers since the financial crisis
Euro area unemployment at 7.9%
Record number of people in employment in the EU
More than 1 in 5 self-employed in the EU had seized a suitable opportunity to run their own business
Euro area job vacancy rate at 2.1%
Annual growth in labour costs at 2.2% in euro area
Employment up by 0.4% in both the euro area and the EU28
European Parliament vote in favour the legal framework for the European Solidarity Corp
Employment Social review confirms positive trends but highlights needs for skills and and inclusion
New EU rules ensure better protection for 120 million holidaymakers this summer

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