Spain unemployment sees biggest Q2 fall since 2008


The total number of jobless stood at 5.149 million and the unemployment rate fell by 1.4 percentage points, to 22.37%, its lowest level since the third quarter of 2011.

In the past year, unemployment has declined by 8.4%, with 473,900 less unemployed people in Spain. In seasonally adjusted terms, unemployment fell 2.54% in the second quarter from the first.

Between April and June 411,800 jobs were created (+ 2.3%), the largest quarterly increase since Q2 2005. Year-on-year, the number of unemployed fell by 513,500 people, or 2.96%, in the second quarter, representing the fifth consecutive quarter of positive data in a row.

Jobless youth

The number of unemployed people under 25 fell by 14,900 in the second quarter, 1.9% less than in the previous quarter. The total number of unemployed young people was 767,200 at the end of June, according to official data.

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