All EOS blogs All Spain blogs  Start your own blog Start your own blog 

Spanish Business News

The latest business, economic,property, stock market and financial news from Spain. Keep up to date with what is happening with the Spanish economy, stock market, the economic crisis, the euro zone debt sovereign debt crisis and the Spanish property market.

Spain jobless claims down sharply in June
02 July 2010 @ 16:38

MADRID — Spain says the number of people seeking unemployment benefits fell by nearly 84,000 in June as companies stepped up hiring for the summer tourism season.

The 2 percent drop marked the third straight monthly decline and made for the best month of June — traditionally good for job-creation in Spain — since 1997, the Labor Ministry said.

Still, the number of people receiving joblessness benefits is 11.7 percent higher than it was a year ago and now stands at 3,982,368.

Spain's overall unemployment rate is released separately by the National Statistics Institute and now stands at just over 20 percent, the highest in the eurozone.

Source: AFP

Like 0


Only registered users can comment on this blog post. Please Sign In or Register now.


This site uses cookies. By continuing to browse you are agreeing to our use of cookies. More information here. x