European Economic News

Spain Unemployment Continues To Fall

Spain's unemployment declined for the fifth straight month in July, the Labor Ministry said Friday.

The number of registered unemployed fell sharply by 64,866 or 1.36 percent in July from the prior month. The overall unemployment totaled 4.69 million.

The ministry said registered unemployment among young people under 25 declined by 5.6 percent in the last twelve months.

Unemployment in construction decreased 17,310 and dropped by 11,233 in industry. In services, unemployment declined 37,614 and fell 1,063 in the agriculture sector.

by RTTNews Staff Writer

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