Spanish unemployment drops as recovery begins

Note: This section contains information in English only.
Source: Bloomberg Businessweek
© Scanpix/Reuters
Jobless rate in Spain slumped to 26% in the third quarter of this year, while economists predicted the unemployment rate to decrease to 26.1% from 26.3% three months earlier. Moreover, yesterday Bank of Spain economists said that country's economy grew for the first time in two years in July-September. Meanwhile, the jobless rate among young people in Spain is around 56%.
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Thu, 24 Oct 2013 12:47:04 GMT

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