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The probability of finding a job in Spain continues to worsen as the association of large staffing firms (AGETT) reported today that only 8.6% of unemployed people were able to find employment in the second quarter of the year.
According to the organisation’s latest labour market report, job prospects are worse than in 2007, just before the economic crisis started – back then the likelihood of finding a job stood at 29.4%.
The association warned that job prospects are not likely to improve in the third quarter of the year. It warned that employment will “at least be as bad” in the next quarter.
Some regions fared better than others. The lowest probability of finding a job could be found in Castilla-La Mancha (6.4%), Extremadura (6.5%), Canary Islands (6.9%), Ontario (7.7%) and Catalonia (7.9%). Probabilities in the second quarter were slightly higher in the Baleares (17.9%), Navarra (14.3%), Cantabria (11.5%), the Basque Country (10.4%) and La Rioja (10.2%).
In the second quarter, unemployment in Spain was 24.6% showing 5.7 million Spaniards were out of work, including over half of those aged under 25. Long-term unemployment is a growing problem, the organisation cautioned, particularly in South Eastern regions of the country.
It said that more needed to be done to integrate unemployed people into the labour market and called for a review of the action plan. “If the aim is to integrate the unemployed, one should increase their employability and incorporate them into programmes of active job search.”