January job losses

Registered unemployment in Spain rose in January 2015 with 77,980 new jobless claims, but the Government spin is that it was the smallest increase for a January since 2007.

There were 77,980 new jobless claims in January, bringing the total official, registered unemployment figure to 4,525,691 individuals.

The labour market typically begins each new year with job cuts following the end of the Christmas season, and this year the economy shed 199,902 jobs in January, a greater loss than in the same month last year and bringing Social Security affiliations down to a total of 16,575,312.

Jobs were lost in all sectors, particularly in Andalucia and Valencia, with only three regions registering a reduction in unemployment, these being Extremadura, the Canary Islands and the Balearic Islands.

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