October unemployment falls in Malaga for first time in at least 15 years, latest figures show

In Malaga, this happened for the first time in at least fifteen years: instead of rising, unemployment fell in October. The month ended with 138,034 people registered with the employment services, 541 fewer than when it began. The figure of 138,034 unemployed is the lowest for an October since 2008. Compared to a year ago, the province has 13,731 fewer unemployed.

This decrease was extended to all sectors of the Malaga economy, with drops in agriculture of 167; in industry of 26; in construction of 275; and in services of 340. In the group without a previous job, unemployment increased by 267.At the national level, the trend is the same: registered unemployment fell in October by 27,027 persons, down 0.92 per cent, the sharpest reduction in this month ever recorded.

Andalucía is the region with the sharpest fall, with a drop of 18,736. All the provinces of the region were affected by the fall. Malaga's was the most modest, with the ranking headed by Almeria, which had 5,519 fewer unemployed in October.

However, the statistics on the number of workers registered in Malaga in October is less rosy. Last month saw 1,842 fewer workers in active employment than in September. But the year-on-year evolution is positive in terms of employment: today there are 31,975 more in employment than a year ago. Malaga now has 678,103 Social Security contributors.