Spain’s unemployment rate edged higher in the first quarter, data showed on Tuesday, as a slow economic recovery failed to offset a traditionally bad three months for job creation in the tourism-dependent country.
The rate rose to 25.9 percent, according to the National Statistics Institute, up from a revised 25.7 percent in the previous quarter.
Spain’s economy is just starting to pick up again after being in a slump since 2008.
“All the recent data has been pointing to an improvement in labour conditions, and this data seems like a real disconnect from that. However, the first quarter is traditionally very bad for unemployment, which even before the economic crisis was bad,” said economist at Deutsche Bank Gilles Moec.