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Spain’s unemployment rate falls to 13.33% in Q4, lowest since 2008 -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – A waitress serves food at a terrace bar in downtown Ronda (Spain), September 2, 2021. REUTERS/Jon Nazca

(Reuters) – Spain’s unemployment rate dropped to 13.33% during the fourth quarter 2021, from 14.57% in March. This was the lowest point since 2008. Data from the National Statistics Institute on Thursday showed that the country’s labour market continues to recover from a slump caused by a pandemic.

Reuters polled economists to forecast that Spain would have a 14.20% unemployment rate. It was at 16.13% during the fourth quarter in 2020.

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