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Spain's unemployment falls by 1.4 pct in March

Xinhua, April 4, 2016 Adjust font size:

The number of people registered as unemployed in Spain fell by 1.4 percent from February to March, according to data released on Monday by the Spanish Ministry of Employment and Social Security.

The fall meant there were 58,216 fewer unemployed people in March, leaving the total figure of unemployed people at 4,094,770, the ministry said, while reporting that on a year-on-year basis unemployment fell by 357,169 people, a 8.02 percent fall.

Regarding sectors, unemployment fell by 1,262 people from February to March in the agriculture sector, by 3,440 people in industry and decreased by 2,650 and by 54,429 people in the construction and services sector.

Unemployment especially fell in the services sector due to the Easter period, when Spain receives more tourists and the sector needs to take on more workers in order to face the increasing demand.

Unemployment especially fell in those regions attracting more tourists, such as the northeastern region of Catalonia, Community of Valencia and the southern region of Andalusia where unemployment fell by 10,246 people, 7,637 people and 6,543 people respectively.

The Ministry also reported that 26,999 fewer men were unemployed in March while 31,217 fewer women were unemployed, marking a 1.43 percent and a 1.38 percent fall respectively.

The total number of men registered as unemployed fell to 1,864,474 people and the number of women fell to 2,230,296.

A total of 1,508,881 new contracts were signed in March, 9.54 percent more than in February, the Ministry said, while reporting that 150,726 of them were indefinite contracts.

Despite the fall in unemployment, Spanish union UGT said that job creation in March was "temporary and precarious" due to the low number of indefinite and full-time contracts. Enditem