Investing.com - The number of unemployed people in Spain declined unexpectedly in March, falling for the first time in three months, official data showed on Tuesday.
In a report, Spain’s Employment Ministry said the number of unemployed people fell by a seasonally adjusted 5,000 in March, compared to expectations for an increase of 30,200.
The number of unemployed people in Spain rose by an unrevised 59,400 in February.
Following the release of the data, the euro remained higher against the U.S. dollar, with EUR/USD adding 0.14% to trade at 1.2879.
Meanwhile, European stock markets were up after the open. Spain’s IBEX35 rose 0.2%, the EURO STOXX 50 advanced 0.1%, France’s CAC 40 gained 0.3%, Germany’s DAX added 0.25%, while London’s FTSE 100 edged 0.15% higher.
In a report, Spain’s Employment Ministry said the number of unemployed people fell by a seasonally adjusted 5,000 in March, compared to expectations for an increase of 30,200.
The number of unemployed people in Spain rose by an unrevised 59,400 in February.
Following the release of the data, the euro remained higher against the U.S. dollar, with EUR/USD adding 0.14% to trade at 1.2879.
Meanwhile, European stock markets were up after the open. Spain’s IBEX35 rose 0.2%, the EURO STOXX 50 advanced 0.1%, France’s CAC 40 gained 0.3%, Germany’s DAX added 0.25%, while London’s FTSE 100 edged 0.15% higher.