Investing.com - The number of unemployed people in Spain rose by the most in twelve months in January, underlining concerns over the country’s economic outlook, official data showed on Monday.
In a report, Spain’s Employment Ministry said the number of unemployed people rose by a seasonally adjusted 132,100 in January, compared to expectations for an increase of 150,000.
The number of unemployed people in Spain fell by an unrevised 59,100 in December.
Following the release of the data, the euro remained lower against the U.S. dollar, with EUR/USD shedding 0.22% to trade at 1.3614.
Meanwhile, European stock markets were down after the open. Spain’s IBEX35 fell 0.1%, the EURO STOXX 50 dipped 0.1%, France’s CAC 40 was flat, Germany’s DAX shed 0.15%, while London’s FTSE 100 edged 0.3% lower.
In a report, Spain’s Employment Ministry said the number of unemployed people rose by a seasonally adjusted 132,100 in January, compared to expectations for an increase of 150,000.
The number of unemployed people in Spain fell by an unrevised 59,100 in December.
Following the release of the data, the euro remained lower against the U.S. dollar, with EUR/USD shedding 0.22% to trade at 1.3614.
Meanwhile, European stock markets were down after the open. Spain’s IBEX35 fell 0.1%, the EURO STOXX 50 dipped 0.1%, France’s CAC 40 was flat, Germany’s DAX shed 0.15%, while London’s FTSE 100 edged 0.3% lower.