Unemployment in August decreases by 11.4% in annual terms

September 2, 2015 07:32 PM | ACN

Registered unemployment in Catalonia rose by 4,521 people during the month of August and totalled 506,306 according to statistics published on Wednesday by the Spanish Ministry of Employment and Social Security. However, the number of unemployed decreased by 11.43% compared to August 2014, which makes this month the best August since 1999. The monthly decline was caused mainly by the increase in unemployment in the services sector, which is to be expected considering that August marks the end of many seasonal contracts. The number of unemployed also increased in August in Spain as a whole, by 0.54%. The Spanish annual rate, however, was slightly less positive than the Catalan one, with unemployment in August decreasing by 8.13% in comparison with the same month last year. Overall, there are 21,679 more unemployed this month and the total number of people jobless in Spain is 4,067,955.