Thursday, October 24, 2013

Signs of recovery

Unemployment in Spain fell by 72,800 people from the previous quarter, a reduction of 1.2% which brings the total number of unemployed persons to 5.9047 million.

Thus, the unemployment rate now stands at 25.98%, almost three-tenths percent lower than the second quarter (26.26%), according to data from the Labour Force Survey (LFS) made ​​public by the National Institute of Statistics (INE).

Meanwhile, in Valencia 22,600 fewer people were unemployed from the previous quarter, representing a decline of 3.1 percent, bringing the total number of 701 300 unemployed people.

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