Latest figures from INE show Spanish employment figures continue to rise

Tourists helped the employment figures Credit: Pixabay

LATEST figures from INE show Spanish employment figures continue to rise to 20,031,000 in the third quarter, the first time it has broken 20 million since 2008.

In it’s review of employment, the National Statistics Institute (INE) recorded the fact that employment in the quarter had increased by 359,300 meaning that 50.52 per cent of the population aged 16 and up is now employed.

By sex, employment increased this quarter by 185,400 women and 173,900 men and by nationality, some 309,400 newly employed were Spaniards and the balance foreign nationals.

Overall, there was an upsurge of employment in the leisure sector due to the fact that more tourists were able to visit Spain thanks to improvements in health conditions both here and abroad which meant that the hospitality industry and hotels were open and needing more employees.

Although there is a long way to go, youth employment saw a definite spike with some 132,400 people aged between 20 and 24 finding work and generally there has been an increase in the number of full-time employment opportunities and a drop in part-time work.

As the hospitality industry has seen the summer season extended in a number of regions, it is likely that those taken on in the third quarter will be retained to cope with Christmas and the New Year.

As a natural correlation of the number of newly employed, unemployment figures have also dropped by 127,100 and the total number of unemployed persons stood at 3,416,700 according to the INE release which is still higher in percentage terms of population than many of the EU Member States.

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John Smith

Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica. Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene. Share your story with us by emailing [email protected], by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews

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