SPAIN recorded a welcome fall in unemployment of 111,500 in April, encouraging Prime Minister Mariano Rajoy to ask the Spanish people for a ‘fair trial’ in a radio interview.
This record drop in unemployment has been attributed to a bumper Easter for trade and the start of the tourism season.
In the same month, over 133,700 people signed on to the Social Security system, the second highest increase since 2005.
Rajoy, who has staunchly defended the labour reforms adopted by his government, made this promise to Spain’s people: “In the coming months there will be growth.”
“I am encouraged and hopeful for the future because this month has broken a trend,” he said, adding: “Although things cannot be resolved in a day, I assure you we have passed the worst.”
Unemployment fell in all sectors of Spain’s economy, with the service sector leading the way, with a drop of 84,706, closely followed by construction, manufacturing and agriculture.
The Social Security ministry also claimed a total of 1.29 million labour contracts were signed during the month, up 6.57% from March.
However, Spain’s total level of unemployment remains very high, currently standing at 4.7 million people.