Two out of Three Self-Employed Lost Since 2008 in Europe are Spanish

August 31st, 2011

The number of entrepreneurs in Spain has fallen by 14.5% since the crisis began three years ago. Only Ireland (-18.8%) and Portugal (-16.1%) are ahead in self-employment losses, according to Eurostat.

Since 2008, Spain has lost 486,600 self-employed workers, while the total lost in the EU was 231,800, making Spain one of the greatest affected by the loss of jobs in this sector over the economic crisis, and double the self-employment loss rate with respect to Europe, reported ABC News.

The majority of the important European Union countries recorded growth in the number of employed persons in this period, in contrast to the Spanish decline. The largest increases recorded are for France (10.1%), Holland (9.5%), Finland (5.5%), Austria (4.5%) and Germany (4.3%). On the other hand, highlighted was the loss of self-employed workers in the construction sector, with Spain accounting for 77.3% of the losses in the EU – 163,500 of the 211,500 total losses registered.

Male entrepreneurs have been greatly affected by the loss of self-employment since the start of the crisis, with Spain figures down 17.4%, while the figures for women fell 7.5%. The European average shows a negative result of 1.5% for males. By contrast, the number of females self-employed registered an increase of 1%. Only the arts and entertainment sector registered a growth in the figures for Spain (25.4%) which, over the last three years, was well above the European average (7.8%), as was the results for health activities (30.7% in Spain, 11.9% EU average).


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