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Unemployment falls to lowest numbers in a decade
12 August 2018 @ 21:37

JOBLESS figures fell in July to 3.13 million – the best result in nearly a decade – with 200,903 workers taken off the dole compared with the same month last year, according to the ministry of work and social security.

The department, led by Magdalena Valerio – who has radical plans to overhaul employed and self-employed workers' rights since her appointment in early June – says last month saw 27,141 people given jobs and brought the unemployment total down to its lowest figure since December 2008, about a year after the financial crisis started to creep in.

Highest-ever unemployment was seen in February 2013, just 15 months after the previous right-wing PP-led government came into power and five months after they had set up a battery of belt-tightening measures including tax hikes that left residents poorer than ever.



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