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Spain jobless claims fall 59,100 in December

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Investing.com - The number of unemployed people in Spain fell unexpectedly in December, easing concerns over the country's economic outlook, official data showed on Thursday.

In a report, Spain's Employment Ministry said the number of unemployed people fell by a seasonally adjusted 59,100 in December, defying expectations for an increase of 50,300.

The number of unemployed people in Spain rose by an unrevised 74,300 in November.

Following the release of the data, the euro remained lower against the U.S. dollar, with EUR/USD shedding 0.3% to trade at 1.3148.

Meanwhile, European stock markets were down after the open. Spain's IBEX35 fell 0.5%, the EURO STOXX 50 dipped 0.5%, France's CAC 40 fell 0.6%, Germany's DAX shed 0.3%, while London's FTSE 100 edged 0.1% lower.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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