Unemployment rose last by 5,107 people, its biggest rise in June since 2008

2020/07/02 15:36:07 Written by Canarian Weekly National

The number of unemployed registered in the offices of the public employment services rose by 5,107 people in June (+ 0.1%), their biggest rise in the month of June since 2008, according to data from the Ministry of Labour and Social Economy. Despite this, the increase in June has been five times less than that registered in May and much less than in April and March, months in which the health crisis led to a rise in unemployment.

The total volume of unemployed in Spain reached the figure of 3,862,883 unemployed at the end of June, the highest on record since May 2016. In The Canary Islands, the number of people unemployed rose by 640 which is a 29% increase in June 2019.

Although the monthly rate of increase in unemployment has slowed down compared to previous months, unemployment has risen in June for the first time since 2008. There have only been increases in the historical series for June: in 2008 (+15,058 unemployed) and now in 2020, when it has risen by 5,107 unemployed.

"Without this exceptional circumstance, the registered unemployment would have decreased by about 9,000 people," says the Ministry.

The June unemployment data does not include workers who are suspended from work or reduced hours as a result of an ERTE, since the definition of registered unemployment does not count them as unemployed.

In May, the SEPE paid 5,526 million euros in benefits, of which 3,318 million were dedicated to paying ERTE benefits and 2,208 million to unemployment benefits, both at the contributory and assistance level.