Sharp drop in jobless

Sharp drop in jobless

THE number of unemployed has decreased in Malaga province by almost 40,000 people but this allegedly due to the decrease in working population.

A recent Spanish Labour Force Survey (EPA) revealed that the number of unemployed workers now stands at around 160,000, which amounts to 20.8 per cent of the region’s population eligible to work and is the lowest the figure has been since 2008.

However, the drop in employment is allegedly not linked to the creation of jobs but a significant increase in those who have retired or are no longer capable of working.

The region’s fall in employment was the third highest recorded in the whole of Spain, beaten only by Madrid, whose unemployment levels have dropped by 92,600, and Barcelona (54,400).

However, the increase in people working again has only increased by nearly 14,000. On the other hand, the number of people entering retirement has increased more than 14,000, the number of students has increased by 2,300 and the number of self-declared homemakers has increased by 13,500.

The summer months typically bring positive employment numbers due to the impact of the tourism industry, and led to an increase of more than 6,000 new jobs in 2017.

Malaga province’s unemployment rate is currently four per cent below the Andalusian average (25 per cent), but is still more than four per cent above the national average (16 per cent).

Spain’s unemployment numbers on average were also down 20 per cent, with the number of those in employment exceeding 19 million for the first time since 2009, and the number of those out of work had dropped by almost 600,000 since 2016.

Fatima Bañez, the Minister of Employment and Social Security, declared that there are still “a million reasons” to push for more opportunities in the job sector and reach the Government’s goal of 20 million in employment in 2019.

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