Spanish jobless numbers rise in August

2nd September 2011, Comments 0 comments

Spain's unemployment queue lengthened in August, snapping a four-month streak of job gains, as openings dried up late summer, official data showed Friday.

The number of jobless rose from the previous month by 51,185 people, or 1.25 percent, to 4.13 million in August, the Labour Ministry said, following four consecutive months of declines.

Jobless numbers peaked in March at 4.33 million, the highest total since the figures were first collated 15 years earlier. That peak surpassed even the numbers reached during the height of Spain's economic crisis in 2008.

Spain's unemployment rate, which is calculated separately by the National Statistics Institute, amounted to 20.89 percent in the second quarter of 2011 -- the highest among industrialised nations.

© 2011 AFP

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