However, over the past year the number of employed people increased by 17,800 and the unemployment rate fell by one percentage point, from 8.9% to 7.9%.
OA | EiTB media
The unemployment rate of the Basque Autonomous Community (CAV) in the first quarter of the year was 7.9%, seven-tenths of a percentage point more than the new revised data for the fourth quarter of 2023 (7.2%), according to data collected in the Population survey in relation to activity (PRA), published on Thursday by Eustat.
The number of standing people is estimated at 84,600 and the figure busy people amounts to 980,900 first quarter of 2024. The data for the first quarter of 2024 from the labor market of the Basque Autonomous Community reflect 1,500 more employed people and 9,100 more unemployed than in the fourth quarter of 2023.
The balance of last year (first quarter 2023 – first quarter 2024) is positive, as the number of unemployed decreased by 9,400, the unemployment rate decreased by one percentage point, from 8.9% to 7.9%, and the number of workers increased by 17,800 people ( +1.8%).
As a result of the evolution of the working population and unemployment, the Activity rate In the first quarter of 2024 it will be 56.4%, half a percentage point more than the previous quarter.
By territory, in Bizkaia number of unemployed increases by 5,800, by 2,900 Gipuzkoa and at 300 inches Arabia. Unemployment is rising in the capitals Bilbao in 1700 people and in Donostia / San Sebastian at 1100, compared to the previous quarter; instead it trickles in Vitoria-Gasteiz at 500 people.
Employment is increasing in the service sector and the primary sector and decreasing in industry and construction
The employed population in the BAC increases by 4,100 people (+0.6%) in the service sector and by 700 (+9%) in the primary sector; On the other hand, it decreased by 1200 in manufacturing (-0.6%) and in construction by 2000 (-3.6%).
Labor participation, calculated as the percentage of workers aged 16 to 64 over the total of those ages, fell by 0.3 percentage points compared to the previous quarter and stood at 69.9%. This percentage remains 73.2% among men and drops to 66.6% among women.
By territory and with respect to the previous quarter, in Gipuzkoa The occupancy rate increases by 4,500 and 1,000 people Arabia. However, it is decreasing Bizkaia, out of 4000 people. As for the capitals, in Donostia / San Sebastian Employment increases by 1,900 people and Vitoria-Gasteiz in 1500; On the other hand, it is decreasing Bilbao in 2500.
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.
