youth unemployment

The number of people registered as unemployed at the Catalan Public Employment Service (SOC) was reduced by 0.17% in March, compared to data from February. The total number of unemployed people in Catalonia registered at the SOC was 664,050 by the end of March, 1,126 fewer than in the previous month. However, this is 25,083 more people than a year ago. In the whole of Spain, the number of unemployed people decreased by 4,979 individuals last month. However, there are still more than 5 million people officially registered as unemployed in Spain. At the end of March there were 284,376 more people registered as unemployed than were registered a year ago, which is an increase of 5.99%.

The number of unemployed people had reached 885,000 individuals by the end of 2012, a record high, with 110,000 more jobseekers than a year ago. This means that Catalonia’s unemployment rate increased from 20.5% to 23.9% in the last twelve months, breaking the previous record of 22.8% from the third quarter of 1985. In the whole of Spain, unemployment reached a rate of 26%, while a year ago it was 22.85%. It increased by 13.1% over the last twelve months, adding 691,700 more jobseekers to the list. Spain reached a historical high of 5.97 million people being unemployed.

Unemployment dropped in July by 784 people, which represents a 0.13% decrease compared to a month ago. It is the fifth consecutive month that the number of unemployed people has decreased in Catalonia, reaching 614,792 jobseekers. In the whole of Spain, unemployment decreased for the fourth month in a row, dropping by 0.6%. Long term unemployment and youth unemployment have decreased in Catalonia. However, compared to 12 months ago, general unemployment has increased by 7.8%. In addition, the number of indefinite new contracts dropped by 1.3% compared to a year ago.