Daily NewsView All News
According to the latest data published by the Public Employment Service (SPEE, ex-INEM), unemployment fell by -1.84% or -76,223 individuals in May 2010 compared to the previous month. There are now 4.06 million unemployed in Spain.
This is the second consecutive fall in unemployment (April -24,000 unemployed). Year-on-year, unemployment was up by +12.3% or +446,063 individuals in May 2010 compared to May 2009.
In the construction sector unemployment fell for the third consecutive month. In May 2010 unemployment in the construction sector was down by -2.6% or -20,573 individuals, month-on-month.
In the services sector unemployment was down by -1.9% or -46,380 individuals, month-on-month.
In the industry sector unemployment was down by -2.2% or -11,565 individuals, month-on-month.
In the agricultural sector unemployment was down by -1.2% or -1,528 individuals, month-on-month.
Francisco Aranda, President of the Association of Large Temporary Employment Agencies (Agett), commented "we must not forget that this reduction in unemployment is entirely due to seasonal factors, given the fact that May has always been a positive month for employment."
"Today more than ever the government should allow temporary employment agencies to collaborate with the public employment service in order to respond with maximum smoothness and efficiency to the needs of the unemployed."
To read the full labour market statistics in Spanish language please click here