Spain's job market faces summer slump |
Spain's unemployment figures reached 2.42m in August, with 199,300 jobs lost compared to July, marking the worst August since 2019. The Ministry of Inclusion, Social Security and Migration reported 21.6m people employed, a rise of 476,801 from August 2024. Job losses affected various sectors, including education and construction. Valentín Bote, Director of Randstad Research, noted a gap between actual and registered unemployment, stating: "The former has not fallen since the labour reform." Despite challenges, Minister Elma Saiz described the labour market as performing favourably. |
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