The number of unemployed fell by 255,300 between April and June in Spain, the largest drop for a second quarter since 2018, falling below three million for the first time since 2008.
Employment rose by 383,300 jobs between April and June, up 1.91% from the previous quarter, although this was less than the 464,900 workers recorded a year ago.
At the end of June, the total number of unemployed was 2,919,400 and the number of employed was 20,468,000, according to the second quarter Labor Force Survey (EPA) published this Thursday by Spain’s National Statistics Institute (INE).
The figure of 20.47 million people employed is the highest since 2008 and close to the historical peak of 2007.
In the second quarter, the unemployment rate fell by more than one point to 12.48% and the activity rate rose by two-tenths of a point to 58.71%, after the number of employed people increased by 128,800 between April and June (+0.5%).
Over the past year, unemployment has fallen by 624,400 people and more than 796,400 jobs have been created (+4.05%). In addition, the number of employed persons increased by more than 171,900.
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