Spanish Unemployment Rises Further In December

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The total number of unemployed in Spain increased by 54,657 from a month ago to 3.92 million in December, the Ministry of Employment and Immigration reported on Tuesday. Compared to November 2008, the number of unemployed soared by 794,640.

The rise in unemployment was particularly marked in the services, construction and industry sectors, the Ministry said.

By provinces, Valencia, Castilla-La Mancha and the Canary Islands recorded the biggest rise in the number of unemployed, while Jaen, Cordoba and Ceuta registered decreases in in the number of unemployed.

The total number of unemployed in Spain increased by 54,657 from a month ago to 3.92 million in December, the Ministry of Employment and Immigration reported on Tuesday. Compared to November 2008, the number of unemployed soared by 794,640. (Market News Provided by RTTNews)