Mon, 04 Jun 2012 12:59:18 GMT
Spain's employment rate receives mild boost due to the tourism season
Spain's tourism sector contributed to the country's drop in
the unemployment rate in 2 consecutive months. According to the Labor Ministry
located in Madrid, the jobless rate declined by 0.63% from the month of April
to 4.71M; however, still remains above 24%. As Mariano Rajoy, Spain's Prime
Minister, challenges to persuade investors that he is capable of resolving the
budget deficit, the country's borrowing expenses