All data is delayed
Loading...
See More

Spanish unemployment nears 25%

Jul 27 2012 10:12
AFP

Madrid - Spain's unemployment rate rose in the second quarter to 24.63% without benefitting from the usual spike from tourism, the government said on Friday.

The increase was smaller than in the first quarter, to nearly 5.7 million people out of work.

Between April and June, 53 500 people lost their jobs, compared with 365 900 in the first quarter, the national statistics office said.

On Monday the Bank of Spain will publish its provisional estimate of economic output in the second quarter, expected to show a contraction of 0.4%, compared with a 0.3% decrease in the first three months.

spain  |  unemployment

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

THE DEBT ISSUE

Debt is one of the biggest financial issues facing South Africans today. Find out how you can avoid and manage your debt with Fin24 and Debt Rescue.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Labour’s call for a cap on salary of high earners is?

Previous results · Suggest a vote

Loading...