Friday, 27 May 2016

Summer Has Arrived and Brought a Boost to the Job Market With It


Summer Has Arrived and Brought a Boost to the Job Market With It

Busy beaches and bars are just one of the signs that summer has arrived in Spain. With the season comes the seasonal boost in the job market too.

Summer is here and expected to be a busy season in costa del Sol
Spain has a lot of signals that summer has finally arrived. The mercury rises in thermometers, the streets fill with people, and tourists can be found all over the beaches and bars of the Costa del Sol. Taking a look at these indicators it’s obvious that summer has reached some parts of Spain. As long as you ignore the sunny spells and damp weather that is.

One of the biggest indicators that summer has reached Spain is the job market. The amount of action in the country means that unemployment drops as summer approaches. Spain is one of the most visited countries in the summer and all those tourists are going to need people to take care of them after all.

It’s a trend that has continued this year and the results are encouraging. Statistics released by the Labour Ministry have shown that around 160,000 new jobs were created in April with unemployment figures dropping by 83,599. Spain currently has just over 4 million people registered as unemployed. This figure is pretty high but it is slowly decreasing as the economy continues to improve and new businesses starting in Spain. 

Spain has seen a lot of labour reforms, changes to tax, an improved real estate sector and plenty of other economic growth but really summer is one of the main reasons that things are continuing to improve in the country, even if the growth is a little slower than it was last year. April of last year saw 175,000 new jobs created compared to the 160,000 this year.

The data shows that the most growth was seen in the hospitality, manufacturing and administrative sectors.

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