Unemployment in Catalonia rises by 4,573 people in November

December 2, 2016 06:47 PM | ACN

Unemployment in Catalonia increased by 4,573 people in November and reached 462,969 individuals registered on the lists of the Catalan Public Employment Service (SOC). According to the data released by the Spanish Employment Ministry and Social Security, unemployment saw a 1% rise in monthly terms. This increase in jobseekers is the highest registered in November since 2013. The Catalan Secretary General of Employment, Social Affairs and Families, Josep Ginesta, warned that the reduction of unemployment in Catalonia is “slowing down” due to the dependence on seasonal economic sectors. In this vein, he proposed the reconversion and reindustrialisation of Catalonia to create “more and better” jobs.  In annual terms, registered unemployment has decreased, with 58,681 less jobseekers, an 11.25% drop. 

CaixaBank earns €970 million in third quarter, less than last year due to integration of Barclays Bank SAU

October 28, 2016 06:27 PM | ACN

CaixaBank, Catalonia's largest financial group and one of the most significant companies in the whole of Spain, reported this Friday net attributable profit of €970 million for the first nine months of 2016, down 2.6% on the same period of 2015, which included a number of one-off impacts associated with the integration of Barclays Bank, SAU. Pre-tax profit amounted to €1,314 million, up 45.2% in comparison to last year.  Impairment losses on financial assets and others totalled €1,177 million, a 33.3% decreased in comparison to last year on account of the reduction in loan-loss provisions.

Creating the Catalan Agency for Social Protection, first law in the disconnection process from Spain

May 31, 2016 06:59 PM | ACN

The first of three laws which will enable Catalonia to start the disconnection process from Spain has been registered this Tuesday. Pro-independence cross-party list ‘Junts Pel Sí’ and radical left CUP, which represent a majority of 72 pro-independence seats in the Catalan Parliament, registered the law for the creation of the Catalan Agency for Social Protection. Although the law represents a new structure, it is set to manage the current competences that the Catalan executive already has on this matter. Therefore, both parties admitted that the law is still “autonomic”. However, according to ‘Junts Pel Sí’ MP Chakir el Homrani “the Agency is necessary to manage the social security scheme, as happens in every country”.