Spain’s 7-year jobless low bolsters standing of Prime Minister Mariano Rajoy

Spanish Prime Minister Mariano Rajoy, centre, at an EU summit in Brussels.

The number of Spaniards registered as without a job fell to the lowest level since 2009 in June, bolstering Acting Prime Minister Mariano Rajoy’s pledges on job creation.

The number of unemployment-benefits claimants fell by 124,349 from May to 3.77 million, the Spanish Labour Ministry said yesterday.

That was the biggest monthly decline in three years and exceeded the median estimate of three economists surveyed by Bloomberg who had forecast a drop of 100,000.

Mr Rajoy’s People’s Party won last month’s general election promising to add half a million jobs a year over the four-year parliament and arguing the premier was the best candidate to safeguard the economic recovery. 

Mr Rajoy, whose failure to stem corruption allegations against the PP has blighted his relations with other political leaders, yesterday repeated his call for other parties to allow him to form a government so he can continue his work creating jobs.

“If there is a stable administration that can govern, we will create confidence and with the help of the entrepreneurs for whom it’s very important to provide this confidence, we will achieve the great national objective of creating 2 million jobs,” he said in a speech at a brewery in Alovera.

Mr Rajoy said Spain needed a government to be able to pass a new budget and push forward with policies that have broad political backing.


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