Spanish unemployment climbs by 2.73pc to 4.83 million in October

05 Nov, 2012

 

Spain, the fourth-biggest eurozone economy, is struggling to reduce its excessive public deficit and debt, and has implemented austerity measures that hamper a quick rebound in economic activity.

 

On an annualised basis, the number of jobseekers has climbed by 10.84 percent, and now stands at 4.833.521 according to the ministry data.

 

Copyright AFP (Agence France-Presse), 2012

Read Comments