Friday, January 28, 2011

The unemployment rate, the highest since 1997

The total number of unemployed people stood at 4,696,600, a record in Spain. 2010 became the fourth year that increases the number of unemployed people.
Against the number of jobs lost, last year it was five times below the previous exercise scale unemployment rate to 20.3%, the highest since 1997. 2010 has finished with the highest unemployment rate in history, nearly 4,700,000 people.According the active population survey, unemployment rate returns to exceed 20 percent after the break that occurred during the third quarter. In 2010 which has risen more unemployment has been in the construction sector, followed by industry. The number of households with all members unemployed has risen again and are now more than 1,300,000. Unemployment rose 370,100 people in 2010 compared to 2009, 8.5% higher, reaching the total number of 4,696,600 unemployed people and the unemployment rate at 20.33%, which is 1.5 points higher than the previous year according to data from the Active population Survey issued by the National Statistics Institute (INE).
The unemployment rate reached its highest level and the comparable historical series, beginning in 2001. Going back earlier, using non-comparable series, not reached a percentage of this nature since the second quarter of 1997, when the unemployment rate came to stand at 20.72%. The number of unemployed, meanwhile, is also a record for the Spanish economy.


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