Biggest February fall in local jobless for ten years

2017-03-08 09:00:00

The number of unemployed on the Costa del Sol and across Malaga province fell by 1,376 in February to 167,907. This was the biggest February fall for ten years.

The number of people signing on to the social security system, reflecting an increase in the size of the workforce, rose by 5,040 in the month.

Malaga was one of only three provinces in Andalucía where unemployment dropped in February, the others being Huelva and Cádiz. In Andalucía overall, unemployment rose by 2,361.

It was the province's service sector that drove the growth in February, helped by a small increase in jobs in the construction sector.

Looking at figures on a yearly basis, unemployment in Malaga has fallen by 23,173 since February 2016, a drop of 8.7 per cent, while just over 24,000 have been added to the social security register in a year.

Across Spain, unemployment fell by 9,355, the second best February fall since 2005. The total number of unemployed in Spain is now at 3,750,876, the lowest level for seven years.source surinenglish