Q215 Unemployment Rate Falls To 22.4%

News: Unemployment rate in Spain declined to 22.4% in Q215, the lowest level since 2011, as the economy gained from increased tourism and labour market liberalisation policies to generate jobs, according to the Instituto Nacional de Estadistica. The number of unemployed people fell by 295,600 to 5.15mn in Q215, with the economy adding 411,000 jobs. Foreign arrivals in the country rose 4.2% in January-June, according to public works ministry data. The economy grew at an annual rate of 4% in...

Please subscribe below to view this content.