Spain reports 900,000 job losses in March due to coronavirus outbreak.

Spain has shed close to 900,000 jobs, more than half of them temporary, since it went into lockdown in mid-March to fight the coronavirus outbreak. The rise in Spanish jobless numbers is the highest monthly increase ever recorded, Labour Minister Yolanda Diaz said at a news conference on Thursday.

Spain, which has the world’s second highest death toll from the disease after Italy, has banned all but essential outings since March 14th. This week it further tightened the lockdown with a ban on all but essential workers leaving home to go to work.

According to Reuters, data shows 898,822 Spaniards have now lost their jobs since the start of the lockdown, including around 550,000 temporary workers.

The number of people officially registered as unemployed in Spain rose to 3.5 million in March, the highest level since April 2017, although this data does not include all the new job losses as not all workers have officially registered as unemployed.

Neither the social security nor the unemployment data include the so-called “ERTE” temporary layoffs, under which companies that face financial difficulties can temporarily suspend a worker’s contract.

Many companies, including car plants and other major businesses, have implemented such temporary layoff measures over the past weeks.

“It is always a big problem and it is the double challenge we have: to fight the epidemic and to avoid the economic activity being swept away. We will have to work on relaunching the economy once we can get control of the epidemic,” Transport Minister Jose Luis Abalos told RNE radio.

This comes at a time when the tourist season begins to take off, offering significant employment opportunities in this vital sector. This year, however, the prospects appear grim.

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