Investing.com - The number of unemployed people in Spain declined unexpectedly in April, falling for the second consecutive month, official data showed on Monday.
In a report, Spain’s Employment Ministry said the number of unemployed people fell by a seasonally adjusted 46,100 in April, defying expectations for an increase of 17,100.
The number of unemployed people in Spain declined by 5,000 in March.
Following the release of the data, the euro held on to losses against the U.S. dollar, with EUR/USD dipping 0.11% to trade at 1.3105.
Meanwhile, European stock markets were lower after the open. Spain’s IBEX35 shed 0.1%, the EURO STOXX 50 declined 0.2%, France’s CAC 40 dipped 0.1%, while Germany’s DAX was down 0.1%.
In a report, Spain’s Employment Ministry said the number of unemployed people fell by a seasonally adjusted 46,100 in April, defying expectations for an increase of 17,100.
The number of unemployed people in Spain declined by 5,000 in March.
Following the release of the data, the euro held on to losses against the U.S. dollar, with EUR/USD dipping 0.11% to trade at 1.3105.
Meanwhile, European stock markets were lower after the open. Spain’s IBEX35 shed 0.1%, the EURO STOXX 50 declined 0.2%, France’s CAC 40 dipped 0.1%, while Germany’s DAX was down 0.1%.