• Courage to do right

    A number of factors will impede Zuma’s opportunity to have a ‘Lula moment’, says Prof Dirk Kotze.

  • #Budget2016

    Possible steps that can be taken in the National Budget to avert a junk status.

  • No ordinary SONA

    A weak president presiding over a racially polarised nation faces a serious task.

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:

SMALL BUSINESS

Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.
 

Money Clinic

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

Voting Booth

Will Jacob Zuma's State of the Nation speech help SA avoid "junk" downgrade?

Previous results · Suggest a vote

Loading...