Articles tagged as: unemployment

November 27th, 2014

According to the results of a survey, carried out by the Vodafone Communications Institute in six of the most important European countries (United Kingdom, Germany, Italy, Holland, Czech Republic and Spain) analysing more than 6,000 interviews with young people between the ages of 18 and 30 years, Spanish youths are ...

Continue reading Six in 10 Spanish Youths Plan to Look for Work Abroad

November 18th, 2014

According to a report carried out by independent financial advisors, Arcano, entitled 'The Case for Spain III: Plus Ultra', the real estate sector and construction will be the engines of economic growth in Spain in 2015, as well as company and household financing. The fall in fuel prices could also boost ...

Continue reading Real Estate and Construction Will Boost Spain’s Economic Growth in 2015

November 10th, 2014

Unemployment in Spain increased by 79,154 people in October, bringing the total number of unemployed people registered in the employment offices to 4,526,804, according to data published by the Ministry of Employment. However, this is the smallest increase in unemployment registered in October since 2010. In seasonally adjusted terms, the ...

Continue reading Unemployment Registers Lowest October Rise Since 2010

November 6th, 2014

The Bank of Spain’s latest Financial Stability Report, the institution’s six-monthly publication which analyses the evolution of the risk, solvency and profitability of deposit institutions, finds that the adjustment in the Spanish property market is nearing its completion, and even corroborates some other organisations' statistics, which are already pointing to ...

Continue reading Bank of Spain Notes ‘Timid Spikes’ in Housing Prices

October 15th, 2014

According to a study by multi-specialist recruitment consultancy, Randstad, prepared from more than 15,000 interviews with employed professionals in over 30 countries, 40% of Spanish employees hope to find a new job in the next six months, which is up slightly from the percentage registered a year earlier. Despite the positive ...

Continue reading 40% of Spaniards Want to Change Jobs

September 22nd, 2014

In a report released last week, the credit rating agency, Moody's, said that in their opinion, the recent signs of improvement being seen in the Spanish economy will not immediately translate into a sustainable increase in housing prices, but rather in a slowdown in their rapid decline. High unemployment, excess housing ...

Continue reading Improvement in the Economy Will Not Raise House Prices, Says Moody’s

September 5th, 2014

Salary reductions, which have been imposed, in particular, in the European countries most affected by the crisis, are now showing their limits when it comes to improving competitiveness, and even run the risk of being counterproductive, according to the Organisation for Economic Co-operation and Development’s (OECD) annual report on employment. The ...

Continue reading Lowering Wages Counterproductive, Says OECD

August 22nd, 2014

The Ministry of Employment and Social Security has reported that the 50 euros flat rate social security contribution for new self-employed persons implemented last year, has so far encouraged a total of 267,964 new entrepreneurs to register in the Spanish Social Security system. Andalusia, Catalonia and Madrid are the regions where ...

Continue reading 50 Euro Social Security Flat Rate Boosts New Start-Ups

August 11th, 2014

Over the last 12 months, the number of people registered as unemployed in Spain has fallen by 278,954, and the year-on-year rate now stands at -5.94%. This rate has fallen by more than 18 points since the high of 12.5% recorded in May 2012. The accumulated reduction in recorded unemployment ...

Continue reading Recorded Unemployment in Spain Fell by 29,841 in July Month-on-Month

August 11th, 2014

The foreign demand for homes on the Costa del Sol was excellent last year, according to real estate consultant Aguirre Newman’s Residential Market Costa del Sol 2014 report. The study notes that while domestic demand is stagnant due to the macroeconomic context, the high rate of unemployment and difficulties in ...

Continue reading Costa del Sol Housing Prices Predicted to Fall Further

July 21st, 2014

The number of unemployed in Spain who, discouraged by the lack of economic expectations, gave up actively searching for a job, increased in 2013 to 5%, which is 1.7 percentage points higher than at the start of the crisis, according to an analysis prepared by the Institute of Economic Studies ...

Continue reading Number of Unemployed Not Looking for Work Rose to 5% in 2013

July 10th, 2014

Consumer confidence rose by 4.4 points in June over the previous month, to 89.3 points, reaching levels similar to those obtained before the start of the crisis in mid-2007, according to the Consumer Confidence Index published this week by the Centre for Sociological Research. Specifically, the current situation indicator improved 2.2 ...

Continue reading Consumer Confidence Rose to Pre-Crisis Levels in June

July 7th, 2014

Recorded unemployment in Spain fell by 122,684 in June over the previous month, putting the total number of unemployed persons registered with the Public Employment Services at 4,449,701. In seasonally-adjusted terms, unemployment fell by 16,113, which compares with an average increase of over 22,000 in the last five years. This is ...

Continue reading Spain’s Unemployment Figure Fell by 122,684 in June

July 4th, 2014

According to a report on the first half of 2014 published this week by the Sociedad de Tasación, the price of new housing in Spain fell by 4.8% last year, bringing the accumulated decline in market prices to 40% below their maximum values, i.e. to March 2002 levels. In the ...

Continue reading New Housing Prices at 2002 Levels

June 10th, 2014

The global credit rating agency, Fitch Ratings, has predicted that the price of housing in Spain will finally bottom out at the beginning of 2015, in a real estate market marked by high rates of unemployment and difficulties in obtaining financing. The agency highlighted the fact that the Spanish economy is ...

Continue reading Fitch Forecasts House Prices Will Bottom Out Early Next Year