Wednesday, August 3, 2011

Spain unemployment benefits claims down in July (AP)

MADRID ? Spain's Labor Ministry says the number of people filing claims for unemployment benefits fell by 42,059 in July as the summer tourism season provided new jobs.

The ministry said Tuesday that July's fall was the fourth straight monthly decline. It left the number receiving benefits at 4.08 million, down from 4.12 million the previous month.

But the figure was still up by 4.4 percent when compared to July 2010.

Spain's overall jobless rate is released separately and stood at a eurozone high of 20.9 percent in the second quarter.

The Labor Ministry said much of last month's decline in jobless claims came in the services sector.

Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http%3A//news.yahoo.com/s/ap/20110802/ap_on_bi_ge/eu_spain_financial_crisis

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