UNEMPLOYED people in Spain have only an 8.6 per cent chance of finding work. Five years ago, those seeking employment stood a 29.4 per cent likelihood of finding work, according to employment agency association AGETT.
And indicators suggest this year’s third quarter up until the end of this month will be ‘at least’ as negative as the same period last year. Unemployment figures for recent months still do not fully reflect the outcome of the latest government spending cuts or increased taxes, AGETT warns in its latest report.
Job-seekers face the greatest difficulties in Castilla-La Mancha with a 6.4 per cent probability of finding work, followed by Extremadura (6.5 per cent), the Canary Islands (6.9 per cent), Andalucia (7.7 per cent) and Cataluña (7.9 per cent).
The best places to look for work at present are the Balearic islands, with a 17.9 per chance, Navarra (14.3 per cent), Cantabria (11.5 per cent), the Basque Region (10.4 per cent) and La Rioja (10.2 per cent).
By the end of June this year 1.6 million jobless had been unsuccessfully seeking work for more than two years, and a further 900,000 had been looking for over a year, jointly representing 43.8 per cent of the people out of work in Spain.
Andalucia has the worst long-term unemployment with 32.8 per cent, followed by Murcia (32.7 per cent) and the Valencian Community (32.3 per cent). Despite such odds, the percentage of Spanish seeking positions abroad remains relatively low.