Spanish unemployment level continues to fall despite September blip
The number of recorded unemployed at the State Public Employment Services rose in September by 27,858 people on the previous month.
Over the last eight years, the average number of recorded unemployed has risen in this month by almost 50,000 people (49,764).
However, the total recorded unemploy-ment level now stands at 3,410,182, remaining at the lowest level for the last eight years.
Over the last 12 months, unemployment has fallen by 310,115, thus maintaining the strong pace of the annual reduction for another month, which now stands at 8.34%. During the first nine months of 2017, unemployment has fallen by 292,792 people.
Recorded unemployment rose in 12 autonomous regions, headed up by Andalusia (10,273) and Extremadura (4,486). It fell in the other five regions, headed up by Castile La Mancha (down 4,135) and the Region of Valencia.
By sector of economic activity, recorded unemployment fell in the construction sector by 9,667, in the agriculture sector, by 4,838 and in the industrial sector, by 3,622. In contrast, it rose in the services sector, by 29,601and among first-time job-seekers, by 16,384.
The number of contracts registered in the month of September amounted to a total of 1,993,267. This represents an increase of 86,267 (up 4.52%) on the same month in 2016.
A total of 192,690 permanent employment contracts were recorded in September 2017. This represents an increase of 21,678 (up 12.68%) on the same month last year, and is the best figure since the start of the recovery. A total of 44 straight months of increases in stable hiring have now been posted.
Full-time permanent unemployment contracts in September increased by 15.4%. In accumulated terms, 838,275 permanent contracts have been signed between January and September this year, up 13.67% on the same period of 2016, the type of contract to rise the most.
There was a noteworthy rise of 21% in permanent employment contracts for the under-25s in the first nine months of 2017.