Thursday, September 29, 2022

Spain’s labour market improves despite new COVID-19 wave By Reuters

-


2/2
© Reuters. FILE PHOTO: The spread of the coronavirus disease (COVID-19) in Barcelona

2/2

MADRID (Reuters) – More than three quarters of Spain’s furloughed workers have returned to work since April, data from the Social Security Ministry showed on Friday, as the euro zone’s fourth-largest economy posted robust job-creation and unemployment figures.

Some 83,529 people left the ERTE furlough scheme in September, leaving 728,909 workers still enrolled, the data showed. That is 76% lower than the April peak, when more than 3 million people were supported by the programme.

Some 84,013 net jobs were added in September, an increase of 0.45% from August and the fifth consecutive month of job creation.

Over the same period, the number of people registering as jobless fell by 0.69%, or 26,329 people, leaving 3.8 million people out of work, according to the Labour Ministry.

Labour Minister Yolanda Diaz said it was the largest drop in jobless numbers recorded in September since 1996.

“These data show a positive trend in a still uncertain pandemic scenario,” she tweeted.

Unemployment had risen by 0.79% in August as new outbreaks of the coronavirus and travel restrictions imposed by other countries began taking a toll after months of timid recovery from an initial lockdown.

However, around 450,000 jobs were destroyed compared to September 2019.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

FOLLOW US

0FansLike
3,505FollowersFollow
0SubscribersSubscribe
spot_img

Related Stories