Spanish Unemployment Fuels Panic in EuroZone
Spanish job losses accelerated again in January, as the number of unemployed residents soared 4% to 4.59 million, a sign that the euro zone's fourth-largest economy is still shedding jobs at a record rate.
According to data released Thursday by the country's unemployment ministry, the number of residents registered as job seekers rose in particular in the services sector, with a 5.1% increase. In the construction sector, weighed down by a four-year property slump, joblessness rose 2.1%.
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