• Spanish unemployment declined less than expected

Market news

4 June 2018

Spanish unemployment declined less than expected

The number of unemployed registered in the offices of the Public Employment Services has decreased in May by 83,738 people in relation to the previous month. In seasonally adjusted terms, unemployment has also fallen, in 3,236 people. With respect to May 2017, unemployment has reduced 208,998 people, which puts its year-on-year reduction level at 6.04%. Thus, the total number of unemployed registered is 3,252,130, the lowest since December 2008. This means that since the maximum recorded in February 2013, unemployment has been reduced by 1,788,092 people.

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