Spain sees fall in unemployment rate

The number of people registered as unemployed in Spain has fallen, bringing some cheer as the country looks to emerge from recession in 2013.

Labour Ministry figures released today show the registered jobless figure dropped by 59,094 in December compared to November, making for a rounded total of 4.8 million people listed as unemployed.

Spain is in the throes of its second recession in just over three years. Its economy has been battered by a collapse in the once-key property sector.

Over the whole year, some 426,000 people joined the unemployed ranks, an increase of 9.6% on 2011.

Spain’s unemployment rate was 25% at the end of the third quarter.

More in this Section

European leaders say UK access to EU market tied to workers' rights

A cuckoo clock that brushes your teeth? Meet Joseph Herscher and his brilliant inventions

Dutch bike company comes up with genius solution to reduce shipping damages

Noonan: Ireland 'under no pressure' from Europe to alter 12.5% corporate tax rate


Today's Stories

The last thing we need now is a populist budget

‘Reluctant landlords’ should offer budgetary lesson

Greg Kavanagh appeals planning decision for €15m development in Dublin

Lifestyle

Why Ireland's gay community will always be grateful to Fair City

Open House Cork is back to give the public a sneak peak of more private homes

Film-maker John Boorman is going in a different direction with his debut novel

How to get the kitchen you deserve

More From The Irish Examiner