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International Business Times
International Business Times
World

Spain Jobless Rate Falls To Lowest Level Since 2008 Crisis

A dynamic service sector slashed unemployment in Spain last year (Credit: AFP)

Spanish unemployment fell last year to its lowest level since the 2008 global financial crisis as the tourism-driven service sector performed strongly, official data showed on Tuesday.

The jobless rate in the European Union's fourth-largest economy at the end of 2024 was 10.61 percent, down from 11.76 percent the previous year, the National Statistics Institute said.

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