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Spain — Employment fell by -5% year-on-year in December

18 January 2010

The latest labour market monitor published by The Association of Large Temporary Employment Agencies (Agett) estimates that employment in Spain has fallen by -5% year-on-year in December 2009.

There are therefore 18.67 million employed people in Spain, the same level as in 2009. The association estimates that 975,000 jobs have been lost since December 2008 and 1.86 million jobs have been lost since September 2007 when employment levels were the highest in the history of Spain at 20.51 million employed.

The association expects a further 200,000 job losses in January 2010 and slight growth in employment thereafter.

To read the full report in Spanish language please click here



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