Unemployment rate in Spain decline to 20.9% in the fourth quarter

Noticias del mercado

28 enero 2016

Unemployment rate in Spain decline to 20.9% in the fourth quarter

The Spanish statistical office INE released its labour market figures on Thursday. The unemployment rate was 20.9% in the fourth quarter, down from 21.2% in the third quarter. It was the lowest level in four years.

The number of registered unemployed people fell by 71,300 in the fourth quarter to 4.78 million, the lowest level since the end of 2010.

In 2015 as whole, the number of registered unemployed people declined by 678,200.

Spain's unemployment rate is the second-highest unemployment rate in the Eurozone after Greece.

European stock markets mid session: stocks traded lower on the Fed's interest rate decision

Retail sales in Spain rise at a seasonally adjusted rate of 0.2% in December

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