Alicante leads Spain in construction job losses
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By h.b. - Jul 3, 2008 - 8:23 AM
The real estate slowdown is hitting the Costa Blanca hard.

The construction industry in Alicante is leading the country when it comes to making workers redundant in the property slowdown.

Latest unemployment numbers for last month show that 1,463 construction jobs were lost in Alicante province last month, with nearly 110,000 people in total now on the dole in the province.

Murcia was the second province for more construction redundancies over the month at 1,431 and Valencia came in third with 1,381 according to the data published yesterday by the Ministry for Employment.

422 foreign construction workers lost their jobs in Alicante province last month alone, with union CCOO saying that foreigners now represent 33% of the total unemployed.

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Spain News : Costa Blanca

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