In one year, the unemployment rate has fallen from 8.5% to 7%. In total, there are 16,700 fewer unemployed people in Euskadi than a year ago.
According to the latest data from Eustat, the unemployment rate in the Basque Autonomous Community stood at 7% in the fourth quarter of 2023. A fact that the Basque economy It has not been registered since 2008.
For example, the Basque Country estimates its unemployment rate at 7% at the end of 2023, five-tenths less than in the third quarter of 2023. The data reflects 500 more people in work and 5,800 fewer unemployed than the previous quarter.
This ended the year 2023 73,100 people unemployed, and the number busy people It’s up 976 400.
The balance of the past year as a whole is positive, as the number of unemployed has decreased by 16,700 and the unemployment rate has fallen from 8.5% to the aforementioned 7% in one year.
This is evident from data collected in the Population Survey regarding the activities (PRA) published by Eustat, the activity rate is 56% in the fourth quarter of 2023, 0.3 points less than the previous quarter.
In historical areas, and compared to the previous quarter, in Alava the occupancy rate increases by 2,000 people and decreases by both Bizkaia, at 900 people, as in Gipuzkoa in 600. As for the capitals, in Bilbao Employment increases by 1,600 people and Vitoria-Gasteiz by 400, while in Donostia it fell by 1,500.
The largest increase in employment occurs in women (+900), while among men it decreases by 300 and, in terms of nationality, employees by nforeign nationality increased by 3,000 (+3.4%), while the number of people with Spanish nationality has decreased by 2,500 (-0.3%).
By sector: the employed population in Euskadi increases in the industry by 6,100 people (+3.1%) and decreased in the rest of the sectors: in the services sector with 4,000 people (-0.6%), in construction with 1,100 people (-1.9%) and in primary sector with 600 people (-7.2%).
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
