unemployment
June 7th, 2013
The State Secretary for the Spanish Social Security System, Tomás Burgos, reported on Tuesday that the average number of people registered with the Spanish Social Security System rose in May for the third consecutive month, to a total of 16,367,013, which is the highest figure so far this year. 134,660 ...
Continue reading Spanish Social Security Contributors Up by 134,660 in May
April 23rd, 2013
Moody's credit rating agency believes that new house prices in Spain will continue to decrease at least for the next five years, primarily related to the high level of housing 'stock' and due the situation of the Spanish economy and the lack of credit, the agency said in a statement. "In ...
Continue reading Housing Surplus Prices May Fall Until 2018, Says Moody’s
March 25th, 2013
Six out of ten Spanish companies say that they plan to hire staff this year, a percentage which is below that of countries like the United Kingdom and Germany, where 90% of companies plan to recruit, and of the Netherlands and France, where more than eight out of ten companies ...
Continue reading 60% of Spanish Companies Plan to Hire Staff This Year
March 13th, 2013
Tourism, one of the two engines buoying the Spanish economy, is beginning to show signs it is being affected by the eurozone recession and has now registered four consecutive months of declines in the number of foreign tourist arrivals, with the exception of the ‘zero growth’ registered for November. The negative ...
Continue reading Is the EU Recession Affecting Spanish Tourism?
March 12th, 2013
In January this year, 8,853 new companies were created in Spain, which is 11.3% more than in the same month of 2012, the National Statistics Institute reported on Friday. Meanwhile, the number of commercial companies dissolved in January came to 3,482, representing a drop of 12.9% compared to January last ...
Continue reading Creation of New Companies up 11.3% in January
March 11th, 2013
Spain has risen to fourth place on the list of the world's most competitive countries for tourism, only behind Switzerland, Germany and Austria, thanks to its price competitiveness, customer experience and the official commitment of the sector. This is indicated in the biannual Travel & Tourism Competitiveness Report, published last ...
Continue reading Spain in World’s Top Ten for Tourism
February 25th, 2013
According to the latest figures from the Ministry of Employment and Social Security, the Spanish Social Security System lost 45,495 foreign contributors in January, representing a decrease of 2.76% compared to December, and putting the total number of immigrants employed at 1,600,355. Taking into account the drop in numbers in January, ...
Continue reading Foreign Social Security Contributors Down 2.76% in January
January 21st, 2013
According to a recent report by Standard & Poor's, the Spanish housing market will lead the falling prices in Europe this year. They estimate that prices will drop by 7.8% in 2013, partly due to the creation of the bad bank (Sareb), and that the cumulative decline over the next ...
Continue reading Spain Will Lead Decline in House Prices in Europe
December 7th, 2012
The number of people registered unemployed at the public employment services offices (formerly Inem) rose by 74,296 in November, an increase of 1.5% compared to October, which brought the total number of unemployed in Spain to 4,907,817, and marked a new record in the historical series. However, the Employment Ministry explained ...
Continue reading Unemployment Up 74,000 in November
November 8th, 2012
According to the Consumer Confidence Index data released on Monday by the Centre for Sociological Research, consumer confidence in Spain rose 1.6 points in October, compared with the previous month, reaching 44.8 points. This favourable result, is the third consecutive rise following those of August and September, and is due both ...
Continue reading Consumer Confidence Up 1.6 Points in October
November 7th, 2012
The number of unemployed people registered at the offices of the public employment services (formerly INEM) rose by 128,242 in October, which is up 2.7% compared to September, and put the total number of people unemployed in Spain at 4,833,521, the highest level in the comparable historical series, which started ...
Continue reading Unemployment Rises in October
October 30th, 2012
According to the 2011 Household Budget Survey published yesterday by the National Statistics Institute, the average expenditure per Spanish household amounted to 29,482 euros in 2011, which represents a decrease of 1% compared to 2010, and 3.5% in relation to 2006. The average spending per person last year amounted to ...
Continue reading Household Expenditure Fell 3.5% Between 2006 and 2011
September 20th, 2012
Castilla-La Mancha has accumulated a 'stock' of 150,000 new homes, which are completed and empty. This was acknowledged by the regional government’s Minister of Public Works, Marta Garcia de la Calzada, who says she hopes to reduce this figure thanks to a new project bill being processed by the Ministry ...
Continue reading Castilla-La Mancha to Promote Rental of Unsold Homes “Stock”
September 17th, 2012
The Director-General of the Spanish Tax Office, Beatriz Viana, presented the early figures to July from the results of action to prevent and combat tax fraud in Spain. In the first seven months of 2012, the result has surpassed initially forecast figures by 25% and amounts to a total of ...
Continue reading Spanish Tax Office Revenue up 25% due to Anti-Fraud Measures
September 5th, 2012
After four months in decline, unemployment resumed its upward trend in August, a traditionally bad month due to the completion of summer contracts. With 38,179 more unemployed, the total stands at 4,625,634 people, according to the Ministry of Employment. However, Secretary of State, Engracia Hidalgo, said in a press release that ...
Continue reading Unemployment Rises by 38,179 People in August
