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Costa del Sol news

employment figures

After fourteen months of constant increases in the rate of unemployment, June brings highest decrease since April 2006
03.07.09 - 10:44 -

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Figures released by the Department for Work show a second consecutive monthly dip in the rate of unemployment in Malaga in June, with 2,560 unemployed people returning to work. This represents the highest monthly drop, of 1.66%, since April 2006, and the most successful June in the past eight years. Malaga has shown itself to be currently the most successful province within Andalucía at reducing unemployment.
Behind the figures are an increase in the number of contracts for tourism and construction industries brought about by the start of summer high season, in addition to various local investment plans. Agriculture is the only sector to have registered a rise in unemployment.
However, trade unions have been keen not to appear too optimistic, with the reminder that June is traditionally a month for falling unemployment. Furthermore, the decrease hides the fact that 151,610 people in Malaga are still in search of work, 48,115 more than in June 2008, representing a year-on-year increase of 46.49%.
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