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Spain, almost 5 million unemployed in November

Last month in Spain the jobless reached 4,91 million – the increase is 1,54% compared to October and 11,02% on an annual basis.

Spain, almost 5 million unemployed in November

They still increase the unemployed in Spain and are close to the top of five million. According to the latest data released by the Ministry of Employment of Madrid, in November the jobless reached share 4,91 million. 

Compared to the previous month, the unemployed increased by 1,54% (74.296 more), while the increase on an annual basis was 11,02% (487.355 more). The calculations are from the National Institute of Statistics.

In the third quarter, the Spanish unemployment rate had exceeded the psychological threshold of 25%, while for young people aged between 16 and 24 the threshold had reached over 52%.

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