Spanish unemployment soars to record levels


(MENAFN- Saudi Press Agency) The number of jobless in Spain increased by 53,500 people to a total of 5.7 million in the second quarter, placing the unemployment rate at the record level of 24.6 per cent, figures issued by the National Statistics Institute (INE) showed on Friday, dpa reported. Among people younger than 25 years, the unemployment rate was 53 per cent. Spain had 1.7 million households with all their members out of work. That was 9,300 households more than in the first quarter.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.