Spanish Unemployment Falls to Lowest in Almost 15 Years

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Spanish Unemployment Falls to Lowest in Almost 15 Years
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Spain’s jobless rate fell to 11.6% in the second quarter after dropping by the fastest pace in more than two decades

fell to 11.6% in the second quarter after dropping by the fastest pace in more than two decades.

The marked improvement underscores the resilience of the euro zone’s fourth-biggest economy against the backdrop oflost ground but denied his right-wing opponents a majority in Parliament. Unemployment is now at the lowest in almost 15 years, with the number of people employed reaching a new record of more than 21 million.

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