Slight decline in unemployment in May



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Slight drop in unemployment in May

The unemployment rate fell to 8.1% in May from 8.2% in April, but job creation remains low, according to data released by the government. National Official Institute of Statistics (INE).

Updated: July 7, 2018 | By: Redacción 180

  Slight decrease in unemployment in May

Adhoc © Javier Calvelo

In turn, the number of people at work compared to the number of people of working age – employment rate – It was just above the March value at 57.2%. Compared to May 2017 (57.8%), this section has decreased.

Meanwhile, the labor force participation rate, which links the economically active population to the working-age population, was 62.2% in May compared to 62.1% in April and 0.6 percentage point in below May of last year

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