Over the past year, the number of employed people increased by 15,700 and the unemployment rate fell by one-tenth of a percent, from 7.2% to 7.1%.
The data for the fourth quarter of 2024 from the Basque labor market reflects this 2,000 fewer employed people and 1,100 fewer unemployed than the previous quarter, according to Eustat data. The number of unemployed is estimated at 75,600 and the number the number of employed persons is 995,100 in this fourth quarter of 2024.
The unemployment rate in Euskadi remains at 7.1%, compared to the third quarter of 2024. Due to the evolution of the working population and unemployment, the activity rate, calculated on the basis of the population aged 16 years and over, is 56, 2% in the fourth quarter. quarter of 2024, three-tenths less compared to the previous quarter.
Historically and compared to the previous quarter, employment in Gipuzkoa decreased by 2,500 people and in Bizkaia by 2,100, while employment in Araba increased by 2,700 people. As for the capitals, employment fell by 3,800 people in Bilbao and by 1,200 in San Sebastián. However, in Vitoria-Gasteiz the number increases by 3,400.
The decline in employment occurs among men (-5,900), while among women it increases by 3,900. In terms of nationality, the number of employed persons with Spanish nationality has decreased by 4,300 (-0.5%) and the number of employed persons with a foreign nationality has decreased by 2,300 (+2.4%).
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.
