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Spain ended 2017 with 471,000 fewer people unemployed

  • However, 50,900 jobs were lost in Spain in 2017, the highest number since 2013

The EPA also shows that 50,900 jobs were lost in Spain in 2017, the highest number since 2013.

The number of people in work at the end of last year was 18,998,400.

However, 2017 is still considered to have been a good year, in the sense that 490,300 jobs were created, resulting in an annual growth of 2.65 per cent.

This was the fourth consecutive year in which employment was generated, and unemployment also dropped year-on-year, by 471,100 people (11.2 per cent).

Most of the jobs created last year were in the private sector (401,600, an increase of 2.6 per cent) compared with 88,600 (up 2.9 per cent) in the public sector.