Unemployment in Spain dropped for a second consecutive month in May, data from the Labor Ministry showed Monday.
The number of unemployed declined by 30,113 or 0.63 percent from a month earlier to 4.71 million in May. In April, there were 4.74 million unemployed, 0.14 percent less than in March.
Still, the number of Spaniards without a job in May was 12.52 percent higher than the same month last year.
Registered unemployment among those in the age group of below 25 years decreased by 10,429 or 2.08 percent month-on-month, the data showed.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.