Unemployment in Spain falls by 55,000 in June

Unemployment in Spain falls by 55,000 in June
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By h.b. - Jul 2, 2009 - 9:37 AM
It's the second consecutive monthly fall, according to the numbers from INEM

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Unemployment in Spain fell by 1.5% or 55,250 people in June, according to the official figures just released by the employment agency INEM.

It’s the second consecutive monthly fall and is in contrast to a rise of nearly 37,000 unemployed in June last year. The number fell by 25,000 in May this year.
The Secretary General for Employment, Maravilla Rojo, described the number as ‘good news’.

Madrid was the only region of the country where unemployment did not fall last month. Observers say that much of the fall is thanks to the start of the tourism season, as well as the Government’s Plan E stimulus plan.

There are now 3,564,889 people out of work, according to the Ministry for Employment, and over the past 12 months 1,174,465 have joined the lists of the unemployed.

Spanish Prime Minister, José Luis Rodríguez Zapatero, described the number as 'an indication' that the Spanish economy was in a better condition in the second quarter of the year than the first.

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