Spain's unemployment rate declined to the lowest level since the second quarter of 2008 as the economy remains on a faster growth trajectory, figures from the statistical office INE revealed on Tuesday.The jobless rate came in at 10.61 percent in the fourth quarter of 2024, down from 11.21 percent seen in the third quarter. The latest figure was the lowest since the second quarter of 2008, when it...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.