Articles tagged as: unemployment

April 11th, 2014

The International Monetary Fund (IMF) has improved its growth forecast for the Spanish economy in 2014 by three tenths more than their previous forecast, and by two tenths more in 2015, to 0.9% and 1% respectively, as published in their 'World Economic Outlook' report, which also notes a more positive ...

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April 9th, 2014

The average house price in Spain fell by 6.3% during the first quarter of 2014, compared to the same period in 2013, to stand at 1,270 euros per square metre, according to the Sociedad de Tasación. Thus, the price of homes, both new and used, have accumulated a decline of 47.1% ...

Continue reading House Prices Have Fallen by 47% Since 2007

March 27th, 2014

The rating agency Standard & Poor's (S & P) stated on Monday that the eurozone will grow by 1% in 2014 and by 1.4% in 2015, and predicted that the Spanish economy would grow by 0.8% this year, to match the average pace of growth in the eurozone next year. This ...

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March 27th, 2014

According to data from the independent consumer comparison website, Kelisto.es, up to 8.5 million homes in Spain, more than 30% of the total, do not have home insurance. This figure represents one million less properties insured than in 2007, when the crisis began. At the end of 2013 Spain counted more ...

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March 26th, 2014

Only 5% of Spaniards admit to working without declaring their income to the tax and social security authorities (slightly above the 4% average in the EU), while 8% of those questioned admitted having acquired during the last year goods or services which would imply undeclared work (compared to an EU ...

Continue reading 5% of Spaniards Admit to Working ‘In the Black’

March 11th, 2014

A recent study published by the British human resources company, Hays, reveals that 68% of the Spanish – either in work or unemployed - would be willing to work abroad, while 87% would not mind changing city or region within Spain. According to Hays’ 'Labour Market Guide 2014', of the professionals ...

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March 10th, 2014

The number of people registered unemployed in Spain at the public employment services offices fell in February by 1,949 persons compared with the previous month (-0.04%), its first decline in this month since 2007, reaching a total of 4.81 million unemployed, the Ministry of Employment and Social Security confirmed last ...

Continue reading Spain’s February Unemployment Registers First Drop in Seven Years

February 25th, 2014

A total of 1,514,821 foreign citizens were registered with the Spanish Social Security System in January. This figure represents a decrease of 28,486 contributors, or 1.85%, and accumulates eight consecutive months of declines. In year-on-year terms, the number of foreign social security contributors continues to fall. Year-on-year, the number of foreign ...

Continue reading Spanish Social Security System Loses 28,486 Foreign Contributors in January

February 7th, 2014

The number of people unemployed in Spain, registered in the public employment services offices, rose by 113,097 (+2.4%) in January compared with the previous month, marking its lowest increase in this month since 2007, to reach a total of 4.81 million unemployed, the Ministry of Employment and Social Security announced ...

Continue reading January Registers Smallest Rise in Unemployment Since 2007

January 10th, 2014

The savings rate for households and non-profit institutions dropped by eight tenths in the third quarter of 2013, compared to the same period of 2012, to 9.2% of disposable income, its lowest level in a third quarter since 2007, according to a recent report published by the National Statistics Institute. The ...

Continue reading Household Saving Falls to 9.2% of Disposable Income

January 8th, 2014

The number of registered unemployed in Spain in December fell by 107,570 compared with the previous month, bringing the total number of registered unemployed to 4,701,338. This is the largest reduction in any month of December and the second-largest since current records began, after the reduction which took place in ...

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January 7th, 2014

The average price of new housing in Spanish provincial capital cities fell by 7.8% in the whole of 2013, according to the bi-annual report published by the Sociedad de Tasación. This company also predicts that the adjustment in house prices will continue in 2014 in order to offset the weakness ...

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December 12th, 2013

Spain was the third country in Europe where the number of self-employed people increased most between June 2012 and the same month of 2013, registering 38,200 new entrepreneurs, up 1.3%, and bringing the total number of self-employed in Spain to 2,884,700, according to Eurostat data published this week by the ...

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December 10th, 2013

Recorded unemployment in November fell by 2,475 over the previous month. This is the first time that recorded unemployment has fallen in November since current records began. According to the data contained in the records kept by the State Public Employment Service, the number of unemployed now stands at 4,808,908. Recorded ...

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November 19th, 2013

While in Paris attending the 2nd Conference on Promoting Youth Employment in Europe, an event attended by 24 Heads of State and Government of the European Union, Spanish Prime Minister, Mariano Rajoy, announced that the Government of Spain will use the 1.8 billion euros of EU funds for youth employment ...

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