Spain's labour market improves despite new COVID-19 wave

  • 📰 Reuters
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

More than three quarters of Spain's furloughed workers have returned to work since April, data from the Social Security Ministry showed on Friday, as the euro zone's fourth-largest economy posted robust job-creation and unemployment figures.

MADRID - More than three quarters of Spain’s furloughed workers have returned to work since April, data from the Social Security Ministry showed on Friday, as the euro zone’s fourth-largest economy posted robust job-creation and unemployment figures.

Some 83,529 people left the ERTE furlough scheme in September, leaving 728,909 workers still enrolled, the data showed. That is 76% lower than the April peak, when more than 3 million people were supported by the programme. Some 84,013 net jobs were added in September, an increase of 0.45% from August and the fifth consecutive month of job creation.

Over the same period, the number of people registering as jobless fell by 0.69%, or 26,329 people, leaving 3.8 million people out of work, according to the Labour Ministry. Labour Minister Yolanda Diaz said it was the largest drop in jobless numbers recorded in September since 1996.Unemployment had risen by 0.79% in August as new outbreaks of the coronavirus and travel restrictions imposed by other countries began taking a toll after months of timid recovery from an initial lockdown.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

LA's Limo Companies Take Huge Financial Hit as COVID-19 Renders Them ObsoleteCompanies across Los Angeles say they have seen an 80 to 85 percent drop in business in the past six months as events, production and meetings fall off: &34;This was not on any of our business plans.&34;
Source: billboard - 🏆 112. / 63 Read more »