Spanish Government Plans to Create 20,000 Public Sector Jobs Across Next Two Years

Spanish Government Plans to Create 20,000 Public Sector Jobs Across Next Two Years 

creating more jobs can only be good for everyone 

The Spanish government has pledged to create 20,000 additional public sector jobs leading up to 2019. The move is part of an effort to provide the official authorities and services of the country with more support. 

The El Mundo newspaper is reporting that 7,000 of these jobs will be for general state administrations, along with another 3,360 positions opening for the judiciary.

4,000 jobs will go to the Spanish civil service, social security, and tax authority institutions as Madrid is looking to boost the ability of the government in key areas. 

It’s expected that many of these prospective roles will be announced – and potentially filled – by the end of the year. If this is the case, it would be one of the most powerful recruitment drives ever by a Spanish government. The vice president of CSI-F – the majority union in the Central State Administration – spoke to El Pais; saying that the plan looks to ensure the viability of the administration which has seen young staff decimated in the past six years. 

The official data shows that only 1,388 of the 190,858 public sector workers in Spain are under 30 years old. This statistic shows not only how public sector roles have been the domain of the old and connected Spaniard, but also the need for a fresh young mindset and new ideas. 

This doesn’t help that absolutely zero public sector roles have been created in the country since 2010. Spain has been dealing with austerity since 2010, but the current economy is holding strong and prospects are good, giving the government the freedom to bolster the public sector while they can.

May Data Shows 5.3% Property Price Increase Across Spain

May Data Shows 5.3% Property Price Increase Across Spain

The Spanish property market continues to grow

The latest figures from the Spanish National Statistics Institute (INE), published just last week, reveal how average property pricesin Spain during May rose 5.3% higher than during May of 2016.

The increase continues the near-two-year trend that prices have risen year-on-year for over 20-months straight.

The latest INE data shows that price increases are actually accelerating, with the average monthly increases topping between 2.5% and 3%. The reason for the sharp increase is mostly down to the price increases seen in Barcelona and Madrid; where prices have risen 8.8% and 10.6% over last year. The two largest cities of Spain are benefiting brilliantly from the strengthening Spanish economy, bringing in great investment into the privateand commercial real estate sectors.

There is more encouraging news as property prices across the 17 autonomous communities of Spain are all up, even though some of the rises – such as those in Extremadura, Murcia, and Galicia aren’t very big.

First quarter data from before May also shows property prices increased 2.3% over the previous quarter, marking the seventh quarterly increase in a row and showing a sharp rise for the small amount of time it happened in.

Property experts and analysts welcome the increases. Even though Spanish property prices are around 40% lower than the peak of 2008, the sustained increases showcase how the post-boom market has begun to reflect true value, offering the banks, mortgage lenders, and homeowners the peace of mind they need.

Almost 400,000 Homes Sold in Spain Across 12 Months to September

Almost 400,000 Homes Sold in Spain Across 12 Months to September

Data from the Office of National Statistics in Spain shows that some 395,000 homes were sold in Spain across the 12 months to September.

Spain is back with more and more homes being sold.

This number indicates a year-on-year increase of 13.2% and is the most homes sold across a 12 year period since the 12 months leading to July 2011.

This 400,000 figure might be less than the 775,000 homes that were sold during 2007, it is still a strong sign of the Spanish property market is becoming more active and healthy. It is also a continuation of the growth period that has seen price increases in 24 out of the past 25 months.

September 2016 saw 34,931 homes change hands, which is an increase of 13% over September 2015. When looked at as a whole the year of 2016 has seen some 311,000 properties sold so far; an indication that 2016 could see the most homes sold in a single year since 2008; which was the last year before the Spanish economy went into a recession following the global credit crunch.

Andalucía saw over 100 homes sold per 100,000 thousand residents, which would suggest that there is a split between the numbers of local, domestic, and international buyers.

This has always been the way things work in Andalucía. The Andalucían property market is supported by the sales across the Costa del Sol; particularly the sales of the luxury homes that are made available to wealthy buyers through and around Marbella.