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The unemployment rate in Spain is expected to drop to 26.73% during the second quarter of 2013 equating to a -2.1% fall in unemployment compared with Q2 2012, according to Asempleo, the largest association of private employment agencies in Spain. Asempleo also predicts that 94,000 new jobs will have been created during Q2, despite expecting unemployment to remain above six million.
The temporary employment market share of licensed staffing firms (ETTs) has risen, now accounting for 16% of all temporary contracts; in comparison with other forms of temporary employment; such as seasonal work, which are expected to have fallen by 22.1%, to the lowest levels since the late 1980s.
Between Q3 2007 and Q1 2013 total temporary employment levels have fallen -44%. In comparison, permanent employment declined during the same period by -7.6%. ETT contracts fell more than -37% between 2007 and 2009; from 2.7 million to 1.7 million, respectively. During 2012, ETT contracts rebounded to exceed 2 million. ETT market penetration continues to increase, even in areas where non-ETT temporary employment numbers are declining.
Spain’s official Labour Force Survey is scheduled to be released on the 25 July 2013. Attending a meeting in Brussels, Spanish Economy Minister Luis de Guindos said that the Q2 2013 results would improve on Q1, when unemployment exceeded 6.2 million.