Unemployemnt in Spain – Rises slightly to 23.78 percent

Spain’s unemployment rate in the first quarter increased for the first time in a year, albeit modestly, preliminary figures from the statistical office INE showed Thursday. 

The jobless rate rose to 23.78 percent from 23.70 percent in the fourth quarter of 2014. Economists had expected the figure to remain unchanged.

The latest increase was the first since the March quarter of 2014, when the rate climbed to 25.93 percent from 25.73 percent in the previous quarter.

Chosen excerpts by Job Market Monitor. Read the whole story at Spain Jobless Rate Slightly Rises First Time In A Year.

Spain’s recovery: Not doing the job

As Spanish unemployment ticks up again, many workers are sinking into poverty

via Spain’s recovery: Not doing the job | The Economist.