Unemployment Down for Fourth Consecutive Month

August 3rd, 2012

Benefited by the tourist season, unemployment decreased for the fourth consecutive month, dropping by 27,814 people, 0.6% less than in June. Thus, according to data released by the Ministry of Employment, the total number of people unemployed stood at 4,587,455.

However, the fall is less pronounced than that of last year, when it dropped by 42,059 people. Overall, unemployment has increased by 507,713 people since the same time last year, 12.4% more.

Unemployment fell in all sectors except agriculture and services, where it rose by 3,379 people (+2.09%) and 1,501 (+0.05%), respectively. In construction it fell by 14,792 persons (-1.9%), industry by 7,448 (-1.4%), and in the group without previous employment by 10,448 (-2.6%).

Both male and female unemployment fell. Among men it reduced by 15,322 (-0.67%) from the previous month and stood at 2,268,949. Female unemployment fell by 12,492 (-0.54%) putting the total at 2,318,506 women unemployed.

Unemployment also fell among young people under 25, by 12,611 persons (-2.78%), as well as among those of 25 and older where it fell by 15,203 (-0.37%).

El Mundo reported that thirteen regions saw a drop in unemployment, led by Andalusia (-9,919), Galicia (-9,005) and Castilla y León (-3,644). Unemployment rose in 4 regions, led by Castilla-La Mancha (2,641) and Madrid (1,175).

With regard to recruitment, in July the employment offices registered a total of 1,352,444 contracts, up 0.23% from a year ago. Of these, 91,165 were permanent, which is 1.39% more than the same month in 2011. In the first seven months of the year, the number of new contracts totalled 7,868,602, a 5.2% increase over the same period in 2011.

Permanent contracts for July, were divided according to length of working day to 54,720 full-time and 36,445 part-time. The number of new full-time permanent contracts stood at 31,867.

Secretary of State for Employment, Engracia Hidalgo, stressed that these data are “positive” and “are consistent with the economic situation of the country and the time of year they occur.”


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