Financial News: Spain Unemployment Rate Falls Slightly

Spain Unemployment Rate Falls Slightly

10/25/2024 - 06:33:00 (RTTNews)

(RTTNews) - Spain's unemployment rate edged down in the third quarter driven by the improvement in the service sector, the statistical office INE said Friday.

The unemployment rate unexpectedly dropped to 11.21 percent in the third quarter from 11.27 percent in the second quarter. Economists had forecast the rate to climb to 11.4 percent.

Unemployment fell by 1,200 from a quarter ago to 2.75 million. From the last year, employment decreased by 140,400.

Overall employment increased by 138,300 from the previous quarter to 21.8 million. Compared to last year, employment rose 376,600.

By sector, employment increased by 152,700 in services and by 23,400 in industry. Employment in construction rose only by 500, while it decreased 38,300 in agriculture.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Atlanta Fed Q4 GDP Growth Estimate Steady At 3.1% (01 hr(s), 55 min(s), 09 sec(s) ago)
(RTTNews) - Atlanta Fed maintained the U.S. economic growth estimate for the fourth quarter at 3.1 ...Full Story»

Five-Year Note Auction Attracts Average Demand (01 hr(s), 56 min(s), 09 sec(s) ago)
(RTTNews) - A day after reporting above average demand this month's auction of $69 billion wor ...Full Story»

Slovenia November Tourist Arrivals Rise 20% (02 hr(s), 16 min(s), 09 sec(s) ago)
(RTTNews) - Visitor arrivals to Slovenia rose in November led by an influx of people from the neig ...Full Story»

Malaysia Producer Prices Fall At Slower Pace (07 hr(s), 47 min(s), 09 sec(s) ago)
(RTTNews) - Malaysia's producer prices decreased for the third straight month in November, tho ...Full Story»

Dutch Economy Grows As Estimated In Q3 (11 hr(s), 48 min(s), 09 sec(s) ago)
(RTTNews) - The Dutch economy expanded for the second straight quarter as initially estimated in ...Full Story»

Japan, Australia Central Banks To Release Minutes (58 min(s), 51 sec(s) ago)
(RTTNews) - The Bank of Japan will on Tuesday release the minutes from its monetary policy meeting ...Full Story»

South Korea Consumer Confidence Index Tumbles In December - BoK (41 min(s), 51 sec(s) ago)
(RTTNews) - The Composite Consumer Sentiment Index (CCSI) for December stood at 88.4, 12.3 points ...Full Story»

Two-Year Note Auction Attracts Above Average Demand (25 min(s), 51 sec(s) ago)
(RTTNews) - The Treasury Department announced the results of this month's auction of $69 billi ...Full Story»