• Spain's news in English

Spain's jobless rate jumps in October

AFP/The Local · 5 Nov 2013, 10:45

Published: 05 Nov 2013 10:45 GMT+01:00

Facebook Twitter Google+ reddit

The number of people signing on at Spain's jobless offices jumped by 87,028 people in October, figures from a report by Spain's Employment Ministry  show.

This means there are now 4.811.383 people officially registered as unemployed in Spain.

The October rise is also Spain's second monthly rise in a row after September saw 25,572 signing on for benefits.

However, October's figures also mean that Spain has seen its first  year-on-year drop in unemployment since 2007, or before Spain's crisis.

Unemployment is now 0.46 percent lower than in October 2012, with 22,138 less people on the books than a year ago, according to the Employment Ministry.

Employment minister Fátima Báñez also stressed that in seasonally adjusted terms unemployment fell by 8,239 in October.

Spain's official unemployment rate, calculated in a separate, broader household survey — the EPA — fell in the third quarter to 25.98 percent of the workforce from the previous quarter's 26.26 percent.

Prime Minister Mariano Rajoy's conservative government, which has passed reforms making it easier to change work conditions and cheaper to lay off employees, found some comfort in the latest jobs figures.

This year to date, the number of people who had registered as being unemployed fell by 37,340, the government said.

The latest data showed an improving trend in recent months in registered unemployment and hiring, State Secretary for Employment Engracia Hidalgo said.

"We are convinced that the adopted reforms are the way to recovery and as such are necessary for our country to regain the path  of growth and the sustained creation of stable, quality employment," she said in a statement.

The Employment Ministry report shows the number of new contracts grew by 1,582,400 or 10.8 percent less than a year ago.

Of these, just 119,400 were ongoing contracts, a figure equivalent to 7.55 percent of the total.

Story continues below…

That number is also down 8.6 percent on October 2012.

Spain is still struggling to overcome the aftermath of a decade-long property bubble that imploded in 2008, destroying millions of jobs and sending debt levels soaring.

Official data last week showed that Spain barely crawled out of a two-year recession by posting economic growth of just 0.1 percent in the third quarter of this year.

The International Monetary Fund has warned that Spain faces five more years with an unemployment rate topping 25 percent unless it enacts new reforms including measures to help firms slash wages instead of axing staff.

AFP/The Local (news@thelocal.es)

Facebook Twitter Google+ reddit

Your comments about this article

Today's headlines
Spain worries about tourism future
Photo: Josep Lago / AFP file picture

After basking in its best tourist summer season in 15 years, Spain now sees dark clouds on the horizon as popular destinations reach saturation point and holidaymakers are more thrifty, industry experts say.

Spain’s Socialists meet to decide on veto
The Socialists are meeting Saturday to decide on whether to lift a veto on the minority conservative government or not. Photo: Gerard Julien/ AFP

Spain's embattled Socialists gather Sunday for a crunch strategy meeting expected to see the party lift its veto on a minority conservative government and finally unblock the country's ten-month political deadlock.

Spain's 'Napflix' aims to bore viewers to sleep
Photo: Screengrab/ Napflix

A Spanish video platform called Napflix, designed to put people to sleep with dull content, was launched this week and its founders are on the lookout for more "monotony and repetition."

Recipe: How to make fabada - traditional Asturian bean stew
Photo: Flavio Lorenzo Sánchez/Flickr

The hearty Asturian dish is a perfect lunch on a cold day... and don't forget the crusty bread and cider!

Brit 'paedo' held on Costa del Sol after Most Wanted appeal

One of Britain's most wanted fugitives was arrested on the Costa Del Sol following a tip-off from an expat just hours after his face appeared on a public appeal.

Spain's parliament approves deficit reduction measures
Photo: Images Money/Flickr

Spanish lawmakers approved on Thursday measures to reduce the public deficit and keep it under the target agreed with the European Union.

'Cubism and War' show opens at Barcelona Picasso Museum
Pablo Picasso Harlequin and Woman with a Necklace. Photo: MP

Barcelona's Picasso Museum unveiled an exhibition on "Cubism and War" on Thursday depicting how one of the most influential artistic styles of the 20th century survived the First World War.

Why this bionic limb pioneer doesn't believe in disability
Hugh Herr has been award Spain's top science prize. Photo: FPA

The Local speaks to Hugh Herr on winning Spain's top science prize and how being an amputee doesn't make him disabled.

Dine in the buff at Spain's first nudist restaurant
A buffet of organic food will be served on "human tables". Photo: Innato / Facebook

Spain's first naked dining experience is to arrive on the island of Tenerife following the success of a similar venture in London.

Spain's top court overturns bullfighting ban in Catalonia
Photo: AFP

Spain's Constitutional Court on Thursday cancelled a bullfighting ban in Catalonia in what is likely to exacerbate tensions between Madrid and the separatist region, and between animal activists and fans of the tradition.

Sponsored Article
How to vote absentee from abroad in the US elections
Madrid parish church faces fine over 'too noisy' bells
Sponsored Article
Last chance to vote absentee in the US elections
Celebrate expat life at Madrid’s THRIVE convention
Fury after kids told to bring their own loo roll to school
Sponsored Article
How to vote absentee from abroad in the US elections
Disney announces plans for Don Quixote action movie
Activist tells 8-yr-old matador wannabe with cancer 'just die'
King to make last minute push to avoid third vote in Spain
Amazing photos of Catalonia's 'human tower' contest
What's on in Spain: October 2016
'No way, Jose! You'll never get your hands on our Rock'
Recipe: How to make a classic Spanish tortilla de patatas
Chorizo in paella? Go back to cooking school Jamie Oliver
Spain in eye of a perfect storm after 10 months without govt
Thousands share clips of life for 'Spain in a Day' film
Ten incredible Spain locations for Game of Thrones season 7
Analysis & Opinion
Why moving to Spain could be the best decision of your life
Seven reasons why autumn is the very best season in Spain
Spanish study finds four types of personality. Which are you?
New search underway for civil war grave of poet Lorca
Bison found decapitated on Valencia nature reserve
Forgotten Voices: What Brits in Spain think about Brexit
One dead and 14 injured in blast at Spanish resort
Game of Thrones want extras 'with muscles' to film in Spain
Thousands march in Madrid to push for bullfighting ban
jobs available