The Unemployment Rate Rose to 14% in March with a Notable Increase in the Construction Sector

28 April 2020 – Brainsre.news

The number of unemployed people rose by 121,000 during the first quarter, which means an increase of 3.79%, taking the total number out of work to 3,313,000.

The unemployment rate stood at 14.4% in the first quarter of the year, which is 63 hundredths more than in the previous quarter. The number of employed people decreased by 285,600 to March with respect to the previous three months, which represents a fall of 1.43% and means that the total number of employed people fell to 19,681,300, according to data from the Active Population Survey (EPA), prepared by the National Institute of Statistics (INE).

The number of unemployed people rose by 121,000 during the quarter, which means an increase of 3.79%, taking the total number out of work to 3,313,000. By sector, in the industrial sector, employment increased by 5,600 people. By contrast, it decreased in services, with 275,900 fewer people employed; in agriculture, by 9,100, and in construction, by 6,200.

Original Story: Brainsre.news

Translation/Summary: Carmel Drake

24