MADRID: Spain’s unemployment logged its biggest drop for July since 1998, data from the labor ministry showed Tuesday. The number of registered unemployed declined 74,028 in July. This was the sixth consecutive decrease in unemployment.
Compared to the previous year, unemployment decreased 373,584 in July, the largest annual reduction in historical series, the ministry said. Unemployment among youth aged below 25 years declined by 8,989 or 2.61 percent from the prior month.
