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Spain’s jobless queue grew to 4.63 million people in August, the government said Tuesday, for an economy suffering nearly 25-percent unemployment.
Snapping a run of four monthly declines, the number of job seekers in August climbed by 38,179, or 0.83 percent, from July, the Labour Ministry of Spain said in a statement.
The ministry’s monthly tally is based on the number of people registering as unemployed which means that the real figure can be much more the official figures.
A broader, quarterly household survey by the National Statistics Institute provides the official unemployment rate, which hit 24.63 percent in the second quarter of 2012, the highest in the industrialised world.
Snapping a run of four monthly declines, the number of job seekers in August climbed by 38,179, or 0.83 percent, from July, the Labour Ministry of Spain said in a statement.
The ministry’s monthly tally is based on the number of people registering as unemployed which means that the real figure can be much more the official figures.
A broader, quarterly household survey by the National Statistics Institute provides the official unemployment rate, which hit 24.63 percent in the second quarter of 2012, the highest in the industrialised world.
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