Significant Decline in Unemployment

In a promising turn of events, Spain witnessed a notable decrease in unemployment rates by 2.61% in April, equivalent to 67,420 individuals, as reported by the Spanish Ministry of Labor and Social Economy. This brings the total number of unemployed individuals down to 2,512,718, the lowest figure since May 2022.

Sector-wise Breakdown

The report highlights a varied impact across different economic sectors. Agriculture saw the most significant reduction at 3.92%, followed closely by services at 2.66%. The construction and industry sectors also experienced declines, with 2.01% and 1.48% respectively.