Spain's labour market continues to recover

 

by IANS |

Madrid, April 5 (IANS) The Spanish labour market continued to add jobs in March despite the impact of the conflict in Ukraine, according to the country's Public Employment Service (SEPE).

The number of people registered as out of work decreased by 2,921 to 3,108,763 and a further 140,232 people have been enrolled in the country's social security system, Xinhua news agency quoted the SEPE as saying on Monday.

The current jobless rate is the lowest since the start of the economic crisis in March 2008 and 840,877 lower than a year ago, according to official figures.

Meanwhile, 19,958,479 people are now affiliated to the social security system, hitting the "highest ever level", according to the SEPE website.

Spain's economy was negatively affected in March by the spiraling energy costs, caused partly by the Russia-Ukraine war.

These price rises have prompted a three-week stoppage by the country's truck drivers, causing national supply-chain problems amid a somewhat stagnating labour market in the second half of the month.

Latest News
Death toll climbs to 4 in BEST bus accident in Mumbai Tue, Dec 30, 2025, 10:52 AM
Foreign tourists to S. Korea jump 17 pc in November Tue, Dec 30, 2025, 10:48 AM
Delhi-NCR suffers amid severe pollution, dense fog Tue, Dec 30, 2025, 10:40 AM
PM Modi to meet top economists, experts ahead of Budget 2026-27 Tue, Dec 30, 2025, 10:38 AM
SA20: Sunrisers clinch bonus point win over Pretoria Capitals Tue, Dec 30, 2025, 10:35 AM