The number of registered unemployed in Spain rose to 4.42 million at the end of December, the highest level since the figures first began being collected in 1996, the labour ministry said Tuesday. "The figures for the number of registered unemployed for the month of December confirm the deterioration of the economic situation during the second half of the year," it said in a statement. The ranks of the unemployed rose in December from the same year-ago period by 322,286, or 7.86 percent. The rising jobless numbers add to huge challenges facing Spain's new conservative government, which has vowed to make fighting unemployment and fixing the country's finances its top priorities. The National Statistics Institute, which uses a different method of calculation to the labour ministry, says the number of unemployed rose to 4.978 million people in the third quarter from 4.834 million in the previous three months. According to those figures, the Spanish unemployment rate soared to a 15-year high of 21.52 percent in the third quarter, the highest among major industrialised nations. Spain has struggled to find jobs for the millions thrown out of work by the collapse of a labour-intensive property bubble in 2008.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:06 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 16:17 2018 Monday ,12 November
Egypt working on 4-year plan to increase growth rateGMT 12:45 2018 Friday ,09 November
Egyptian agriculture products introduced to Japanese markeGMT 11:42 2018 Friday ,02 November
Turkey's new mega airport, boon for slowing economyGMT 13:42 2018 Monday ,29 October
Egypt's trade volume hits $67.63 bln over 9 monthsGMT 15:13 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 14:46 2018 Thursday ,11 October
Economy and energy dominate agenda in Russian-Slovak relationsMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor