Naharnet

Spain Says Jobless Numbers Slide Nearly 100,000 in June

Spain said Tuesday its jobless numbers tumbled by nearly 100,000 people in June, traditionally a bumper month for employment as the tourism season kicks in.

The number of people registered as unemployed fell by 98,853, or 2.1 percent, to 4.62 million in June from the previous month, the Labor Ministry said in a statement.

It was the steepest fall in unemployment numbers for the month of June since the series began in 1996, it said.

"June is traditionally good for the unemployment queue but we have never reached a decline of nearly 100,000 people," said Spain's state secretary for labor, Engracia Hidalgo.

"We will have to follow the development of the unemployment figures after this good data for June to verify whether we are turning towards a positive trend," she said in the statement.

The ministry's monthly tally is based on the number of people registering as unemployed. A broader, quarterly household survey by the National Statistics Institute provides the official unemployment rate.

Source: Agence France Presse


Copyright © 2012 Naharnet.com. All Rights Reserved. https://cdn.naharnet.com/stories/en/45305