Spain's jobless figures climb

Spain's number of jobless rose by 2.7 per cent in October from a month earlier, or by 128,242 people, leaving 4.8 million people
out of work, data from the Labour Ministry showed today.

This was the third straight month the jobless figures rose after a respite during the summer tourism season.

Monthly jobless data records the number Spaniards registered as out of work, while the unemployment rate, which hit a record high of 25 per cent in the third quarter, is an official survey and considered a more reliable gauge of the jobs market.

Reuters