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Unemployment falls below four million for first time since 2008

  • Between April and June, there were 340,700 fewer people out of work compared to the previous quarter

Unemployment in Spain fell in the second quarter of this year reaching 3,914,300. Between April and June, there were 340,700 fewer people out of work compared to the previous quarter, giving a national unemployment rate of 17.22%.

It is the first time since the end of 2008 that the country’s jobless figure has dropped below four million. The total was helped in part as Easter, traditionally a period when a lot of tourism jobs are created, fell in April this year.

The official data comes from the government’s quarterly EPA survey of the amount of people engaged in economic activity. It is generally seen as more reliable than the monthly social security figures and is the data that the EU uses to compare with other countries.

There was a decline in jobless in all parts of the economy, with the service sector leading the way.

It shows that in the last year unemployment has fallen by just over 14% in Spain.

Local figures

There was good news also on a local level. Malaga province, including the Costa del Sol, saw 33,500 few people unemployed in the second quarter of the year. Only Madrid and Barcelona saw a bigger drop. The provincial unemployment rate is now 21.94%, down from 26.20% at the start of 2016. Once again, it was the service sector leading the way.

In the Andalucía region overall, unemployment is now at one million, a rate of 25.24%.