• Spanish unemployment change lower than expected m/m

Market news

3 July 2018

Spanish unemployment change lower than expected m/m

The number of unemployed registered in the offices of the Public Employment Services has decreased in June by 89,968 people in relation to the previous month. In seasonally adjusted terms, unemployment has decreased by 15,865 people. With respect to June 2017, unemployment has reduced 200,649 people, which puts its year-on-year reduction level at 5.97%.

Thus, the total number of unemployed registered is 3,162,162, the lowest since December 2008. This means that since peak figures in February 2013, unemployment has been reduced by 1,960,060 people, but this decline remains in around seven points below pre-crisis levels.

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