Spain’s Unemployment Jumps to 21.3%

Weak jobs and retail data together with rising inflation on Friday undermined Spain’s efforts to revive a stagnant economy. Unemployment, which is more than double the European Union average, rose to 21.3 percent, or 4.9 million people, in the first quarter from 20.3 percent a quarter earlier, the National Statistics Institute (INE) said. – Reuters

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