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Spain's unemployment rate hits 10-year high
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09:51, September 03, 2008

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Spain registered a 4.2-percent rise in unemployment rate in August, the highest mark in 10 years, Spanish Labor and Immigration Ministry said Tuesday.

The number of people out of work in Spain reached 2.53 million, after a rise of 103,085 in August and 501,705 during the last whole year, the Ministry said in a report.

According to the ministry, the most seriously affected was the construction sector, which saw 38,531 people newly unemployed in August, a 9.87-percent increase over July.

The service sector registered 46,344 people unemployed, while the industry sector 15,881 and agriculture 1,826.

Among the 103,085 people unemployed in August, 76,089 are men and 26,996 women. Men's unemployment rate rose 7 percent in August and women's 2 percent over July.

The Ministry said that the workers joined the Social Security in August totaled 19,137,556, a reduction of 244,666 over July.

Spanish Prime Minister Jose Luis Rodriguez Zapatero said he would announce measures next week to curb the loss of jobs, especially at the construction sector.

Source:Xinhua



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