Posted 1/26/2024, 12:19:54 PM
Spain's Unemployment Drops as 783,000 New Jobs Added in 2023 Recovery
- Spain's unemployment rate fell to 11.76% in Q4 2023, down from 11.84% in previous quarter
- Country added 783,000 new jobs in 2023, employment data shows strength of economic recovery
- By gender, employment fell by 64,000 for men but rose by 45,000 for women
- Employment declined by 44,000 among Spanish nationals but rose by 25,000 among foreigners
- Spain has seen stronger GDP growth than other major European economies recently, govt forecasts 2.4% GDP growth for 2023