Spain says jobless queue shrinks in December | Bangkok Post: news

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Spain says jobless queue shrinks in December

Spain's right-leaning government hailed a rare glimmer of economic hope Thursday when latest figures showed the jobless queue shrank in December, though unemployment was still up dramatically over the year.

A demonstration against welfare cuts organized by Unions on June 20, 2012 in Barcelona, Spain. The country's jobless queue shrank in December but numbers were still up sharply over the past year of biting recession.

Millions of jobs have been destroyed in Spain since a property market crash and a global financial crisis rocked the economy in 2008.

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