Spain Unemployment Rate Drops Below 10%
Spain’s unemployment rate dropped to 9.87%, the lowest since 2008. A record number of people are now employed. The active population has also reached a high level.
The Spanish National Institute of Statistics (INE) reported the unemployment rate decrease. Employment increased by 486,000 people during April, May, and June. This rise in employment brought the total number of workers to 22,779,000. The increase happened even with problems in the world, like the conflict in Iran. The total active population is now 25,274,300.
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Highlights
Unemployment Rate Decrease
Spain’s unemployment rate fell to 9.87%, the lowest since 2008.
Record Employment Numbers
A record 22.78 million people are employed in Spain.
Active Population Increase
The active population reached 25.274.300 people.
Job Growth Reported
Employment increased by 486,000 people between April and June.
Global Tension Impact
The unemployment decrease happened despite global geopolitical tensions.