© 2024 Michigan State University Board of Trustees
Public Media from Michigan State University
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Spain's Jobless Claims Fall For 2nd Month In A Row

DAVID GREENE, HOST:

NPR's business news starts with some good news for Spain.

(SOUNDBITE OF MUSIC)

GREENE: Jobless claims in Spain fell in May for the second month in a row. The country's labor ministry announced today that the number of people who registered for unemployment benefits fell by more than 30,000 from the previous month. Analysts say that seasonal hiring accounts for the decrease. Analysts see the seasonal hiring accounts were responsible for the decrease as companies increased hiring in preparation for the summer tourism season. But at more than 24 percent, Spain still has the highest unemployment rate of any nation in the eurozone. Transcript provided by NPR, Copyright NPR.

Journalism at this station is made possible by donors who value local reporting. Donate today to keep stories like this one coming. It is thanks to your generosity that we can keep this content free and accessible for everyone. Thanks!