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Spain Economy Minister Expects Job Creation in Late 2013

Spanish Economy Minister Luis de Guindos said on Tuesday he hoped the eurozone's fourth economy would see a return to job creation in the last quarter of 2013.

"I think 2013 will be better than 2012," de Guindos said on Cadena Ser radio.

"The groundwork is being laid for us to begin to see positive employment growth rates in the fourth quarter of this year."

Recession-mired Spain's jobless rate hit a record high of 25.02 percent last year, Europe's second highest after that of Greece.

Source: Agence France Presse


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