surinenglish

Disappointing monthly jobless total despite hopeful growth forecast

Disappointing monthly jobless total despite hopeful growth forecast
/ M. FERNÁNDEZ
  • The increase in Malaga made up most of the rise in the Andalucía region, as the tourist high season in the province came to an end in November

November was a black month for unemployment in the province of Malaga, including the Costa de Sol. In themonthly statistics from the Social Security department, which measures those signed on as unemployed, there were 5,649 more looking for work locally and 10,794 fewer paying into the system with their social security contributions. Malaga province saw the second bigger jobless increase in Spain, after the Balearic Islands; both areas where the end of the tourist high season has a greater impact on data.

The increase in Malaga made up most of the 7,501 rise across the Andalucía region. In Malaga and its province there are now almost 150,000 registered unemployed.

Across Spain, the number of registered unemployed rose by 20,525, the worst November in three years, bringing the total up to 3.2m.

Optimistic report

Just a day after the results were published on Wednesday, a report by BBVA Research said that Andalucía would create 150,000 new jobs by the end of 2020 and the regional economy would grow by 1.6 per cent next year. The job growth would be a quarter of the expected levels nationally, putting the region back to numbers in work last seen in 2007. However the percentage unemployed would stay at 20 per cent, as the overall number of people available to work has increased since then.