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	<title>Algarve, Portugal &#187; seasonal cycle</title>
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		<title>Summer jobs help Algarve economy</title>
		<link>http://www.algarve2u.com/summer-jobs-help-algarve-economy/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=summer-jobs-help-algarve-economy</link>
		<comments>http://www.algarve2u.com/summer-jobs-help-algarve-economy/#comments</comments>
		<pubDate>Mon, 26 Aug 2013 11:33:11 +0000</pubDate>
		<dc:creator><![CDATA[Constantin B.]]></dc:creator>
				<category><![CDATA[Algarve]]></category>
		<category><![CDATA[Blog]]></category>
		<category><![CDATA[Portugal]]></category>
		<category><![CDATA[Travel]]></category>
		<category><![CDATA[algarve]]></category>
		<category><![CDATA[bane]]></category>
		<category><![CDATA[first job]]></category>
		<category><![CDATA[first quarter]]></category>
		<category><![CDATA[ieft]]></category>
		<category><![CDATA[job centres]]></category>
		<category><![CDATA[long term unemployment]]></category>
		<category><![CDATA[month of july]]></category>
		<category><![CDATA[number 58]]></category>
		<category><![CDATA[occupancy rate]]></category>
		<category><![CDATA[professional training]]></category>
		<category><![CDATA[rate per room]]></category>
		<category><![CDATA[seasonal cycle]]></category>
		<category><![CDATA[second quarter]]></category>
		<category><![CDATA[summer jobs]]></category>
		<category><![CDATA[temp jobs]]></category>
		<category><![CDATA[tourism boom]]></category>
		<category><![CDATA[tourism sector]]></category>
		<category><![CDATA[unemployed individuals]]></category>
		<category><![CDATA[unemployment rate]]></category>

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		<description><![CDATA[The Algarve actually registered a decrease in the number of people signed up at job centres when compared to the previous months of June and July back in 2012, a sign that even if seasonal, there are a couple more jobs out there.]]></description>
				<content:encoded><![CDATA[<p>The Algarve actually registered a decrease in the number of people signed up at job centres when compared to the previous months of June and July back in 2012, a sign that even if seasonal, there are a couple more jobs out there.</p>
<p><span id="more-1967"></span></p>
<p>Actually, the Algarve was the only region in Portugal to register positive results precisely because of the seasonal cycle that sees the creation of a large number of temp jobs directly connected to the tourism sector.</p>
<p>According to data from the Institute of Employment and Professional Training – IEFP – the month of July saw 25,928 unemployed individuals in the region, representing a 6.9% and a 1.4% drop when compared to June 2013 and July 2012.</p>
<p>The region is enjoying an overall tourism boom this summer season with information from the Association of Hotels and Resorts of the Algarve – AHETA – reporting occupancy rate per room in July was 81,6% which means a 3.7% increase when compared with the same month in 2012.</p>
<p>The data from the IEFT also shows a large increase in the number of individuals searching for their first job. These individuals number 58,722 now, indicating a 17.5% and 2.9% hike when compared with the same period in 2012 and June this year, respectively.</p>
<p>When it comes to those individuals who have lost their jobs in the past year and are now looking for work, there’s been a 4% increase in July compared to 2012, but a 0.6% decrease in relation to June. These individuals make up 629,377 of the jobless population.</p>
<p>The bane of the population still continues to be long-term unemployment. The data from this point is not very optimistic, recording a 1.1% increase in July compared to June and a 27.1% rise when compared to July of 2012. Long-term unemployment means being out of a job for more than 12 months and almost half the people signed up at job centres are affected by it.</p>
<p>Overall the country’s unemployment rate was down to 16.4% in the second quarter of 2013, from 17.5% in the first quarter.</p>
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