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27,814 Lower unemployed in Spain in July

The data provided by the Public Employment Services of all the autonomous regions for the month of July show that unemployment has fallen by 27,814 on the previous month (-0.6%). Total recorded unemployment now stands at 4,587,455.

Recorded unemployment fell in the construction sector by 14,792 (-1.9%), the number of first-time job-seekers fell by 10,448 (-2.65%) and recorded unemployment fell in the industrial sector by 7,448 (-1.41%). On the other hand, recorded unemployment increased in the agricultural sector by 3,373 (2.09%) and in the service sector by 1,501 (0.05%).

Unemployment has fallen for both men and women. The number of unemployed men fell by 15,322 (0.67%) on the previous month to 2,268,949, while the number of unemployed women fell by 12,492 (-0.54%) on June to 2,318,506.

Unemployment among the under-25s fell by 12,611 (-2.78%) on the previous month and among the 25 and overs by 15,203 (-0.37%).

Unemployment fell by 42,059 in July 2011 on the previous month. In year-on-year terms, recorded unemployment has increased by 507,713 (12.44%).

Less unemployment in 13 autonomous regions

Recorded unemployment fell in 13 autonomous regions around Spain, led by Andalusia (-9,919), Galicia (-9,005) and Castile and Leon (-3,644). On the other hand, unemployment increased in four autonomous regions, led by Castile-La Mancha (2,641) and Madrid (1,175).

Unemployment fell in 36 of the provinces, led by Malaga (-4,953), Pontevedra (-3,532) and Cadiz (-3,317). On the other hand, recorded unemployment increased in 16 Spanish provinces, led by Valencia (1,803) and Madrid (1,175).

Employment contracts

The number of employment contracts recorded in July amounted to 1,352,444. This is an increase of 3,158 (0.23%) on the same month of 2011. The accumulated total number of employment contracts for the first seven months of 2012 stands at 7,868,602. This represents 431,503 fewer contracts (-5.2%) than in the same period of the previous year.

A total of 91,165 permanent employment contracts were recorded in July 2012, which is an increase of 1,254 (1.39%) on the same month of the previous year.

The permanent employment contracts in July can be divided between 54,720 full-time jobs and 36,445 part-time jobs. The number of new full-time permanent jobs stands at 31,867.

Benefits

949,762 people signed on for unemployment benefits in June 2012, which is 17.6% more than in the same month of the previous year.

The number of unemployment benefit recipients at the end of the month stood at 2,881,379, which is an increase of 5.3% on the same month of the previous year. The rate of coverage by the unemployment protection system in June 2012 stood at 66.1%.

The total amount of unemployment benefit paid out in June 2012 amounted to 2.54 billion euros, or 7.6% more than in the same month of the previous year.

7,346 entrepreneur contracts

The State Secretary for Employment, Engracia Hidalgo, said that the recorded unemployment data represent the fourth consecutive month of falling figures since July 2011 and, while remaining positive, “are fully in line with the economic situation in Spain and the time of year”.

“In fact, the fall in unemployment has been larger than it was in 2009, a year when Spain was also in recession”, she explained.

Furthermore, she stressed that 7,346 new permanent entrepreneur support employment contracts were signed in July, accounting for 23% of all new full-time permanent employment contracts.

Source: lamoncloa.gob.es

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