April Brings Sharpest Ever Drop in
Spanish Unemployment
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| Unemployment continues to fall as the summer months approach |
The official data released by the government shows around
129,281 people were employed in Spain in April, chipping away at the amount of
unemployed people and leaving just 3.57 million Spanish people out of work.
3.57 million people might be a little high for a country the
size of Spain, there has been an encouraging trend towards job creation over
the past 15 months; which is a great sign that the Spanish economy is thriving.
The king of job creation in April was the tourism sector, in
particular restaurants and hotels. There was no stopping jobs being created in
the run-up to the Easter holidays. Around 130,000 jobs were created in all,
around 96,672 of them in services.
Other industries performing well in April were construction,
real estate, and agriculture as Spain sets up for the Summer season by giving
these economic sectors a boost.
A survey released this week by the Institute for National
Statistics (INE) showed the rate of expansion for the Spanish service sector.
The sector was adding jobs at the fastest rate in over two years, becoming the
driving force behind the record increase in employment figures.
The Labour Ministry confirmed the number of people
registered as paying social security rose 1.18% in April, equalling a growth of
around 212,216 extra people.
