Arab Today, arab today spains jobless rate at 4year low of 212
Last Updated : GMT 17:30:30
Arab Today, arab today
Arab Today, arab today

Spain's jobless rate at 4-year low of 21.2%

Arab Today, arab today

Arab Today, arab today Spain's jobless rate at 4-year low of 21.2%

Government employment office
Madrid - AFP

Spain's unemployment rate fell to 21.2 percent in the second quarter, its lowest level in four years, official data showed Thursday, in a further sign of recovery in the eurozone's fourth-largest economy.

But the rate is still the highest in the eurozone after Greece's and unemployment is a top voter concern as conservative Prime Minister Mariano Rajoy prepares for a tight general election on December 20.

In the busy July to September tourism period, when many Spanish companies take on new staff, the unemployment rate was 21.18 percent, down from 22.37 percent in the previous quarter, the National Statistics Institute said.

The number of people looking for work in Spain fell by 298,200 in the third quarter over the previous quarter to 4.85 million. its lowest level since the second quarter of 2011, the statistics office said.

Spain emerged in 2013 from five years of on-off recession and the government forecasts the economy will grow by 3.3 percent this year -- more than twice the average forecast for eurozone countries.

Rajoy credits new rules adopted in 2012 for making it cheaper for firms to lay off workers and limiting the power of unions to negotiate collective-bargaining agreements across entire industries or regions for the recovery.

But the reforms have cost him voter support. The ruling Popular Party secured an absolute majority four years ago but polls show it is running neck and neck with the main opposition Socialist party.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today spains jobless rate at 4year low of 212 Arab Today, arab today spains jobless rate at 4year low of 212

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today spains jobless rate at 4year low of 212 Arab Today, arab today spains jobless rate at 4year low of 212

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday