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It seems it has risen above 2 million. I couldn’t find any reports in English, just this from El Pais
I’m unsure of this piece in the article
“Esta subida del desempleo, la segunda consecutiva tras la de julio, duplica la registrada en agosto del año pasado, cuando el paro aumentó en 28.693 personas. En los últimos doce meses, el desempleo acumula un incremento de 44.619 personas (2,25%).”
Does this extract refer to the two months in the past year rather than the two months just gone? It would make more sense. If correct the combined July and August figure of 86,651 is about double last years amount of 44,619.
Would this suggest that the construction slowdown is starting to affect the broader economy? Will the lack of easy credit make it worse?
What interests me is if this is the start of something bad will the electorate blame Zapatero? If it is the start of a significant recession then he will get the blame even though he can hardly be held responsible for the actions of the banks worldwide. But it could mean that the socialists remain out of power for a long time.
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Esta subida del desempleo, la segunda consecutiva tras la de julio, duplica la registrada en agosto del año pasado, cuando el paro aumentó en 28.693 personas. En los últimos doce meses, el desempleo acumula un incremento de 44.619 personas (2,25%).”
saysThs rise in unemployment , the seond consecutive on,e followng that of Jly, doubles that registered in August of last year, when unemployment rose by 28,693 people. In the last 12 months,unemployment has accumulated an increase of 44,619 persons (2.25%)
I have not put it into the best English, but left it as near to the original in use and position of words , in order to help you see where you might have gone wrong.
Like most countries Spain experiences seasonal fluctuations, especially the summer months, with school leavers registering as soon as they are old enough, and wanting the summer off before they even look for work.
The constant influx of foreigners also increases these numbers. many register as unemployed before they get any other paperwork sorted.
surprisingly, perhaps, there are many jobs going begging, because of a variety of resons. there are generally shortgaes of some trades (mechanics, coach drivers seem to be in short supply)low wages, and fairly high unemployment benefits for some that qualify. Allso lots of “blackeconomy” work, which people can get away with doing at the same time as getting their benefits cheque every month. Why take a job fror 1200, 1300 pcm or so, whne you are still entitled to 900 a month for staying at home doing nothing! and maybe ” earn ” another 500 or so on the side for a few days here and there!
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@nikvin wrote:
Ths rise in unemployment , the seond consecutive on,e followng that of Jly, doubles that registered in August of last year, when unemployment rose by 28,693 people. In the last 12 months,unemployment has accumulated an increase of 44,619 persons (2.25%)
I have not put it into the best English, but left it as near to the original in use and position of words , in order to help you see where you might have gone wrong.
Thanks, Nikvin. It’s always the little mistakes that send me off on a tangent. I confused doce with dos, believe it or not.
So it is a 2.9% increase month on month but a 2.25% increase year on year.
@nikvin wrote:
Like most countries Spain experiences seasonal fluctuations, especially the summer months, with school leavers registering as soon as they are old enough, and wanting the summer off before they even look for work.
The constant influx of foreigners also increases these numbers. many register as unemployed before they get any other paperwork sorted.
They do say that the figures are a temporary blip but it’s double the increase of last August according to El Mundo. Would there be a significant increase in those leaving school or foreigners seeking work?
@nikvin wrote:
surprisingly, perhaps, there are many jobs going begging, because of a variety of resons. there are generally shortgaes of some trades (mechanics, coach drivers seem to be in short supply)low wages, and fairly high unemployment benefits for some that qualify. Allso lots of “blackeconomy” work, which people can get away with doing at the same time as getting their benefits cheque every month. Why take a job fror 1200, 1300 pcm or so, whne you are still entitled to 900 a month for staying at home doing nothing! and maybe ” earn ” another 500 or so on the side for a few days here and there!
Yes, that all happens everywhere. I don’t know how the social security system works in Spain. I imagine that some will enjoy the benefits that they are entitled to before applying for a job as a bus driver with associated reduced wage and so there will be some lag and distortion in the figures.
Could that be the reason for the unusually high jump?
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@katy wrote:
😳 You are right, just skimmed it before 🙂 I read last week that tourist areas were at critical staffing levels in catering etc due to poor pay.
Oh, so there’s plenty of work around but low paid? OK, not a great tragedy but a problem for anyone who has overspent. Now, if one were to be receiving benefits would one be able to get a bar job as well? Would that be one of those black economy jobs?
Although terribly naughty, 😯 , I dare say it would tide many through a crisis. How long are benefits paid for and how much do they get?
I read about the US system in which benefits were paid for a maximum of 5 years through each individual’s working life. That seemed like a rather good plan. It would keep all butthe most complacent on their toes.
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@mike wrote:
surprisingly, perhaps, there are many jobs going begging, because of a variety of resons. there are generally shortgaes of some trades (mechanics, coach drivers seem to be in short supply)low wages, and fairly high unemployment benefits for some that qualify.
Hmmm. I know that in the UK being a bus driver is a thankless job and, depending on where you live, the wages aren’t too bad (did that for 10 years). I have kept my PCV for “just in case” circumstances and I was looking to maybe use it in Spain in the coming years. May have to reconsider that one then and carry on with the idea of working for my companies Italian parent company, but in Spain.
Mark
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I dont know exactlyhow the system works here, but being unemployed, and claiming benefits are NOT the same thing.
I believe you have to have worked for a minimum of 1 yea to get any benefits,but thta limits you to a certain length of time you can claim money. the payments are not flat rate but linked ( at first aywya) to your previous wages, hence the amount of cash jobs. no one able to claim 900 euros a month 9(+ possibly some occasional extras) is willig to take on a full time job at 1300, and possibly incur childcare costs etc, and tthat’s understandable, albeit wrong. A friend who with OH has a painting decorating business, has just got a big long term contract, and she cant get staff. well not legal ones, and thye need to be legal for this particular job. they have all worked for her before ( odd jobs here and there, acsh in hand etc, but arent interested UNTIL their benefits ru out in about 1 years time !The wages may not sound all that good, but in addition transport is provided to site and coffee breaks and meals paid for as well as uniform provided, so all in all not really a bad deal, at least not in this area for that kind of unskilled work.
Also when one registers as unemployed, although they do ask for qualifications etc, the individual states what work they are looking for , so the figures for builders/construction workers, may not necessarily reflect people in that industry who have joined the ranks of unemployed, but include many wannabes who believe that is where they can earn the best money. In some areas , decent, reliable, reasonably priced builders, have enough work on their books to see them through the next 12-18 months if not longer!
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@nikvin wrote:
Also when one registers as unemployed, although they do ask for qualifications etc, the individual states what work they are looking for , so the figures for builders/construction workers, may not necessarily reflect people in that industry who have joined the ranks of unemployed, but include many wannabes who believe that is where they can earn the best money.
That’s interesting. If there is a slowdown in new construction it could be that many people who were attracted to Spain by the construction boom and who aspire to working on a constrction site might find themselves hanging around with no money. It wouldn’t exactly add to the ambience, would it?
@nikvin wrote:
In some areas , decent, reliable, reasonably priced builders, have enough work on their books to see them through the next 12-18 months if not longer!
I know a guy in the UK who is a builder. He’s 60 so he’s been through a few booms and busts and he tells me that he will never struggle to get a job because of his good reputation. He works for 6 months every year in Manchester and then winters in India.
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I can’t see all those immigrant brickies retraining as hairdressers or filo pastry chefs so who knows what will happen when they lose their jobs. That’s the danger of depending too much on construction, as Spain does. This unproductive sector has sucked up 18% of the economy’s resources, the opportunity cost being the type of human capital and capital formation it needs to move up the value chain when the construction sector tanks. And believe me, it has to tank. Travel the Spanish coast with your eyes open and see the writing on the wall. It’s one big construction site.
Looking at the long term, massive construction is not necessarily a bad thing if it is thoughtful and attractive, as in the long run the market will clear. Unfortunately a lot of what has been built in Spain in recent years is mindless, ugly, shenzy crap that is now with us forever. Buyers of this rubbish are as much to blame as the developers and town planners.
Mark
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http://www.cbnalmeria.com/
Unbelievable 😯
Looks like there will masses of work for unemployed in Almeria for years to come. -
Mark said on ugly poor developments on CDS
”Buyers of this rubbish are as much to blame as the developers and town planners.”
….only if it said ‘ugly rubbish’ in their off-plan contract??? The site i was buying in ’till i pulled out ‘Angel de Miraflores’ looked great in the brochures and even the contract details looked fine. It was only years later when half way through the build that it all started changing from the original plans, and became what’s now known as Cell Block H. Many people on their bought because they had either been lied to by the agent recommended lawyer, or had waited over 4 years for completion and heard rumours of developer going bust so could lose everthing. What they signed for and what they got were some way apart! I doubt if this was an isolated case?
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‘Spain’s 10-year economic boom finally showed signs of stalling yesterday as the socialist government of the prime minister, José Luis Rodríguez Zapatero, which faces an election in March, admitted the country faces an uncertain future……unemployment figures showed a sharp increase in workers being forced off building sites, amid claims that a housing bubble was set to burst. Vicente Martínez Pujalte, the spokesman for the centre-right People’s party, said the unemployment figures were a sign that the economy was “running out of gas”.
Last month’s unemployment growth rate was the highest for 11 years and 40% of those who became unemployed in August had come off building sites’.
http://business.guardian.co.uk/story/0,,2163313,00.html?gusrc=rss&feed=24
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Following on from Melosine’s link which stated how (quote) “First Choice and Thomas Cook have removed Almería as a tourist destination”, it looks like Ryan Air may be ‘jumping ship’ too.
http://www.typicallyspanish.com/news/publish/article_12311.shtml
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