Unemployment in Spain Drops
The number of people registered as jobless in May dropped by 129,378, the largest monthly decline of the statistical series
The Spanish job market is steadily recovering from the economic fallout of the coronavirus crisis, according to data presented on Wednesday by the Labour and Social Security ministries. These figures showed that the number of people registered as unemployed in Spain fell to 3,781,250 in May – a drop of 129,378 since April. This is the largest monthly fall ever recorded in the statistical series, which dates back to 1996. The last time a similar drop was seen was in 2017. Spain is a long way from where it was in February, when unemployment numbers broke the four-million mark. This figure began to decline in April, and the fall was consolidated in May, as the Covid-19 vaccination campaign gathered speed and restrictions were eased.