Evolution of the unemployment rate in Spain by Autonomous Region (2007-2012)

The effect of the economic crisis on employment

Undoubtedly, the crisis has a cyclical component linked to how Spain financed the housing bubble. The billion private debt taken on by companies and citizens to finance the boom has exploded in the balances of the old savings banks, creating a huge hole heritage. And the insolvency of the financial system, along with the public sector, is draining huge financial resources that do not reach the rest of the economy.

All this has led to the evolution of unemployment in Spain from 2007 to 2012, with data from the Active Population Survey of the National Statistics Institute, shows a really bleak picture.

As we can see in the chart in motion that follows, over the years 2007-2012 the 19 regions that make up Spain and those increases in the unemployment rate that has made the country pass rate unemployment of 8.26% in 2007, with an unemployment rate of 25.03% at the end of 2012.

The increase in unemployment since the bursting of the housing bubble has been brutal and we glimpse a quick recovery in the short term. We have really a problem to be solved urgently.

UNEMPLOYMENT IN SPAIN 2012

The tragedy of unemployment in Spain: The EPA data confirmed employment debacle that continues to occur in Spain. In this case, "a map is worth a thousand words."

UNEMPLOYMENT MAPS: EVOLUTION 2007-2012

2007:
8.26 % unemployment rate in Spain. 

The region of Navarra slash full employment with an unemployment rate of 4.76%.
The autonomous city of Ceuta already has an unemployment rate of 20.28%.

2008:
11.33 % unemployment rate in Spain.

The Basque Country is the region with the lowest unemployment rate of 6.45% and the smallest increase between 2007 and 2008. However, the regions of Andalusia, Extremadura, Ceuta and the Canary Islands exceed the rate of 15% unemployment.

 2009:
18.01 % unemployment rate in Spain.

Navarra is again the winner with the lowest unemployment rate: 10.89%. Furthermore it is also one of the regions with the lowest increase between 2008 and 2009. 

The region of Canary Islands has the highest unemployment rate with a 26.19 %.

2010:
20.07 % unemployment rate in Spain.

The Basque Country is once again the region with a lower unemployment rate: 10.55%. It is also one of the two regions, with Melilla, the unemployment rate decreased between 2009 and 2012. Andalusia and the Canary Islands continue to lead the unemployment rate touching almost 30%.

2011:
21.64 % unemployment rate in Spain. 

The Basque Country and Navarra still winning the battle against unemployment and continue with the lowest unemployment rate: 12.01% and 12.94% respectively. There are several regions that keep the unemployment rate from 2011 to 2012 as Madrid and Melilla. Andalusia and the Canary Islands continue to lead the unemployment rate already at 30%.

2012:
25.03 % unemployment rate in Spain.

The Basque Country, after 5 years, remains the region with an unemployment rate lower, below 15%, and is the region that has had less increase in recent years. Andalusia , Extremadura and the Canary Islands are well above the 30% unemployment, but the greatest concern is in the autonomous city of Ceuta that hit almost 40% unemployment.




The recession continues red staining of a map of unemployment worsens for almost all the Spanish regions.

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