Belfast Telegraph

Home News World

Unemployment down again in Spain

The number of people registered as unemployed in Spain dropped for a fifth consecutive month in July as the busy summer tourist season continued to create jobs.

The Spanish Labour Ministry said the total number of people registered as jobless fell by 64,866 last month to a rounded total of 4.69 million - giving it an unemployment rate of 26.3%.

It said the last time Spain registered five consecutive monthly reductions was in 2007, just prior to the start of the economic crisis.

The ministry added that the drop in July's unemployment figures was more than double the reduction posted in the same month in 2012.

The government claims two years of austerity measures and reforms are starting to work and predicts Spain's recession will end this year.

Your Comments

COMMENT RULES: Comments that are judged to be defamatory, abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted. The moderator will not enter into debate with individual contributors and the moderator’s decision is final. It is Belfast Telegraph policy to close comments on court cases, tribunals and active legal investigations. We may also close comments on articles which are being targeted for abuse. Problems with commenting? customercare@belfasttelegraph.co.uk

Popular

From Belfast Telegraph