Gov juggles figures so jobless fall by 59,000

29th April 2005, Comments 0 comments

29 April 2005 , MADRID — Spanish unemployment rate dropped to 10.2 percent in the first quarter of this year, according to the latest government figures.

29 April 2005

MADRID — Spanish unemployment rate dropped to 10.2 percent in the first quarter of this year, according to the latest government figures.

This meant the number of people out of work in Spain fell from a revised 10.56 percent in the last three months of 2004, the National Statistics Institute (INE) said.

In a statement, INE said the number of jobless fell by 59,700 in the first quarter to 2.09 million.

But the figures show the number of unemployed has fallen only because the way of collecting the same data has changed.

In fact, if the old method had still been used, the number of unemployed would have risen by 18,100.

Meanwhile, the working population grew by 204,600 in the first three months of 2005 to 18.49 million, it added.

The number of Spaniards out of work fell by 95,300 in recent months, while the number of immigrants rose by 35,600.

[Copyright EFE with Expatica]

Subject: Spanish news

0 Comments To This Article