MORE than 82 percent of people over 45-years-of-age in the Balearics have lost their jobs during the two-and-a-half years of economic crisis, said temporary employment agency association (Agett) yesterday.
With the recession having put paid to 21'600 jobs in this age bracket alone, the Balearic Islands has become the region with the second highest job loss rate in the country.
A report published by Agett claimed that unemployment rates for the over-45s in the Balearics shot up to 13.9 percent at the end of last year, although the Canary Islands, with a job loss rate of 21.3 percent in this age group, remains the most stricken region in Spain. In terms of absolute numbers, however, the region of La Rioja has the highest number of over-45-year-olds who have lost their jobs as a result of the recession: 84.5 percent.
Separately, the report showed that in Extremadura, Castilla y Leon, La Rioja, Madrid, the Canary Islands, Valencia and Andalucia, every 1 in 4 of the unemployed workforce is over 45-years-of-age.
Research also showed that without exception, more than 38 percent of all over-45s in all regions of Spain have lost their jobs during the two-and-a-half years of economic crisis.
For the first time ever, the number of unemployed over-45-year-olds has passed the 1 million barrier to stand at 1'038'500 at the end of last year.
Agett said that it's not just the young who are having problems finding a job. The over-45s can't get (back) on the job ladder because of lack of experience or because of their age.