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.

Email Updates

Receive our lunchtime briefing straight to your inbox

More in this Section

Irish warned of 'disastrous' impact of Brexit

Developing countries 'to keep duty-free access to UK for imports post-Brexit

Agreement must be reached on Irish border Brexit issues, warns business chief

Tesco to increas pay rate for 250,000 workers by 10.5%


Today's Stories

Brexit caveat with positive forecast

Better ‘password hygiene’ urged for safest way to protect yourself online

Redefining the concept of ‘home’ could help tackle the housing crisis

Employee health and well-being increasingly relevant

Lifestyle

Move over, David Gandy — there’s a new crew of Irish men making their mark on the catwalk

The benefit of sport is more than just winning

Dublin Cookie Co is cooking up a business

Ask Audrey: I tried tantric sex with my yoga instructor once and we managed 47 minutes before the bus arrived at Parnell Place

More From The Irish Examiner