Another Europe News

Spanish unemployment edges down – economy

Published

2 years ago

March 27, 2024

http://www.euronews.com/ There is a glimmer of good news for the Spanish government as the number of people registered as unemployed there edged down in March. It is the first time in five years that the total has fallen in that month.

But the decline – by just under 5,000 – still means that there are more than five million people looking for work.

The Labour Ministry said the figures show the government’s policies are working.

But jobseekers remain cautious. One man said: “Let’s see if it’s true, that unemployment is going down and we can make some progress.”

A woman outside a Madrid job centre longed for a jobless total below the current 26 percent saying: “Unemployment is still increasing anyway. I sure hope it does decrease, even if it’s only to 15 or 20 percent, but it needs to go down because the situation in this country is very bad.”

The unemployment figures illustrate the massive job the Madrid government faces in digging the country out of recession.

Reportedly Spain is about to revise down its growth forecast for 2013.

A government source told the Reuters news agency that Spain’s gross domestic product (GDP) will be forecast to shrink by 1.0 percent, rather than 0.5 percent

But a European Commission spokesman has denied rumours that it is in talks with Madrid over giving it more time to cut its budget deficit.

Spain reported a deficit of 6.98 percent of GDP in 2012, excluding the cost of propping up its ailing banks, missing its EU-agreed target, of 6.3 percent, for the second year in a row.

By 2014 it is supposed to cut the deficit to 3.0 percent of GDP.

Find us on:
Youtube http://bit.ly/zr3upY
Facebook http://www.facebook.com/euronews.fans
Twitter http://twitter.com/euronews

source

Up Next

Staff at wildlife centre dress up as a mother fox to save abandoned cub

Don't Miss

German chancellor says migrants debate is a “defining moment” for EU

Click to comment

You must be logged in to post a comment Login

Another Europe News

Latest news bulletin | July 16th, 2026 – Evening

Published

17 minutes ago

July 16, 2026

euronews

Latest news bulletin | July 16th, 2026 – Evening

Catch up with the most important stories from around Europe and beyond this July 16th, 2026 – latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.

Subscribe to our channel: https://www.youtube.com/c/euronews?sub_confirmation=1
Watch our LIVE here: https://www.youtube.com/c/euronews/live

Subscribe to our thematic channels:
NoComment: https://www.youtube.com/c/nocommenttv?sub_confirmation=1
Euronews Green: http://bit.ly/2sMsaDB
Euronews Next: https://www.youtube.com/c/EuronewsNext?sub_confirmation=1
Euronews Travel: https://www.youtube.com/c/EuronewsTravel?sub_confirmation=1

Euronews is available on YouTube in 12 languages: https://www.youtube.com/user/euronewsnetwork/channels

#TopNewsStoriesToday

source

Another Europe News

‘Restraining order needed,’ Trump says of Italy’s PM Meloni ahead of NATO summit

Published

1 hour ago

July 16, 2026

euronews

‘Restraining order needed,’ Trump says of Italy’s PM Meloni ahead of NATO summit

Tensions flared between Washington and Rome at the end of June when Trump claimed Meloni had “begged” him for a picture together in an effort to boost her ratings.

Subscribe to our channel: https://www.youtube.com/c/euronews?sub_confirmation=1
Watch our LIVE here: https://www.youtube.com/c/euronews/live

Euronews is available on YouTube in 12 languages: https://www.youtube.com/user/euronewsnetwork/channels

#EuropeNews

source

Another Europe News

Archaeologists uncover 2,500-year-old bronze chariot, shedding light on Tartessos

Published

3 hours ago

July 16, 2026

euronews

Archaeologists uncover 2,500-year-old bronze chariot, shedding light on Tartessos

Archaeologists have found in Guareña, Badajoz, a bronze chariot like those of Etruria and imported Greek, oriental and Egyptian goods, proof of Tartessian trade 2,500 years ago.

Spark your senses, wake your wonder. Euronews Culture seeks to show creativity in action and inspire our audience to explore the world through the five senses. Start your journey through the best of Europe’s arts, gastronomy, traditions and high-end craftsmanship.

#CultureNews

source

Another Europe News

China’s economic growth hits slowest pace in more than three years

Published

4 hours ago

July 16, 2026

euronews

China’s economic growth hits slowest pace in more than three years

China’s economy grew 4.3% year on year in the second quarter, its weakest pace since late 2022, as weak domestic demand and a prolonged property downturn outweighed strong exports, increasing pressure on Beijing to provide more economic support.

Subscribe to our channel: https://www.youtube.com/c/euronews?sub_confirmation=1
Watch our LIVE here: https://www.youtube.com/c/euronews/live

Euronews is available on YouTube in 12 languages: https://www.youtube.com/user/euronewsnetwork/channels

#Economy

source