Articles tagged as: unemployment rate

July 3rd, 2014

The unemployment rate in the eurozone remained stable in May for the second consecutive month, at 11.6%, its lowest level since September 2012, which represents a decrease of four tenths over the figure for May 2013, according to the latest figures from the EU statistical office, Eurostat, which places Spain ...

Continue reading Spain Still Second Country in Eurozone with Highest Unemployment

June 17th, 2014

The Foundation of Savings Banks (Funcas) have forecast that between 2014 and 2015, unemployment in Spain will drop by almost a million people, and they also predict economic growth of 1.4% for this year and 2.2% in 2015. According to the Funcas economic forecast published last week, the unemployment rate will ...

Continue reading Unemployment Predicted to Drop by a Million Between 2014 and 2015

May 8th, 2014

Unemployment rates remained unchanged in the eurozone in March, at 11.8%, as well as in the whole of the European Union (EU), which stood at 10.5%, according to the latest data published by the European Commission's statistical office, Eurostat. The percentage in the eurozone has been the same since December ...

Continue reading March Unemployment Stable at 11.8% in Eurozone and 10.5% in the EU

April 7th, 2014

In March, the Spanish Social Security system gained around 83,984 additional contributors (+0.52%), its best figure in this month since 2007, which puts the total number of employed contributors at 16,296,288, the Ministry of Employment reported last week. In addition, year-on-year the social security membership increased by 0.71% in March, the ...

Continue reading Spanish Social Security System Gained 83,984 Contributors in March

April 4th, 2014

The unemployment rate in the eurozone remained stable in February at 11.9%, where it has stood since October 2013, according to the latest data from Eurostat, which is one tenth less than the unemployment rate registered in February 2013. In the whole of the European Union (EU), the unemployment rate in ...

Continue reading Eurozone Unemployment Stood at 11.9% in February

March 7th, 2014

The unemployment rate remained stable in the eurozone in January, at 12%, and also in the whole of the European Union (EU), at 10.8%, according to recent data published by the European Commission’s statistics office, Eurostat, which also confirms, according to their seasonally adjusted data, that unemployment in the eurozone ...

Continue reading Eurozone Unemployment Stable at 12% in January

February 5th, 2014

The unemployment rate in the eurozone stood at 12% in December for the third consecutive month. The number of unemployed people in the region fell by 129,000 compared with November, the biggest drop since April 2007, to 19 million unemployed, thanks in part to the drop in unemployment registered in ...

Continue reading Eurozone Unemployment in December Drops Most Since 2007

January 27th, 2014

According to the latest quarterly forecast published by ratings agency, Standard and Poor's (S & P), housing prices in Spain are still overvalued and the price adjustment will continue this year, with a further drop of 2%, before stabilising in 2015. In a report on the European property market, the ratings ...

Continue reading S & P Predict House Prices Will Fall Further 2% in 2014

January 13th, 2014

The unemployment rate in the eurozone remained unchanged in November 2013 at 12.1%, the same level recorded in October after the maximum of September, according to a recent report published by the European Union Statistical Office, Eurostat. This data is in line with analysts' forecasts. The number of unemployed registered in ...

Continue reading Eurozone Unemployment Remained at 12.1% in November

October 30th, 2013

According to the Labour Force Survey published on Thursday by the Spanish National Statistics Institute, unemployment fell by 72,800, and 39,500 new jobs were created in Spain during the third quarter of the year, when compared with the second quarter. These figures stand in sharp contrast to those recorded twelve months ...

Continue reading Unemployment Fell by 72,800 People in Q3

October 25th, 2013

The Secretary General of the Organization for Economic Cooperation and Development, Angel Gurria, said this week that "Spain is on the right track", and that the reforms and adjustments already made, have caused a shift in the state of Spain’s economy. Speaking to Bloomberg, Gurria maintained that the Government of Spain ...

Continue reading “Spain is on the right track”, Says OECD

October 16th, 2013

Spain ranked 29th among the 122 countries analysed in the new Human Capital Index prepared by the World Economic Forum, which measures the ability of countries to develop and deploy healthy, educated and capable workers, in an effort to identify the most successful countries in the world when it comes ...

Continue reading Spain Ranks 29th in the Human Capital Index

October 14th, 2013

The Spanish Government stated in the 2014 Budget that Spain’s Gross Domestic Product (GDP) will grow by 0.7% - a figure that has been described as "prudent" by the Prime Minister, Mariano Rajoy. The International Monetary Fund (IMF), however, believes that these estimates are too optimistic. In their latest 'Global ...

Continue reading IMF Revises 2014 Forecasts for Spain

September 25th, 2013

According to their quarterly report on the economy of the eurozone, the credit rating agency, Standard & Poor's (S & P), predicts that the Spanish economy will grow by 0.5% in 2014, one tenth less than their July estimate, and that unemployment will continue to increase up to a maximum ...

Continue reading S & P Predicts Spain Will Grow by 0.5% in 2014

September 12th, 2013

American multinational financial services corporation, Morgan Stanley, said they believe that the Spanish economy is at a turning point and could return to the path of positive growth in the third quarter of this year, allowing it to beat growth expectations for next year, which they forecast to expand by ...

Continue reading Morgan Stanley Predicts 0.8% Growth for Spain in 2014