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The latest data published by the Association of Large Temporary Employment Agencies (agett), Spain now for the first time in its history has more than 1 million unemployed who are over the age of 45. This rate has more than doubled since 2007 to reach 13.4% or 1,038, 500 individuals.
56% or 580,500 individuals of the unemployed over 45s are men, 44% or 458,000 individuals are women. 45% or 466,500 individuals have been unemployed for more than one year.
The Association says in a statement "the age group in question has employability problems which range from a lack of professional skills to inflated income expectations."
According to Agett, overall unemployment reached an estimated 19.9% in the first quarter of 2010. It was 18.83% in the fourth quarter of 2009.