Spain’s October jobless rises by 1.04% from September to 2.60 million


(Reuters) – The number of people in Spain registering as
(Reuters) – The number of people in Spain registering as jobless rose 1.04% in October from a month earlier, or by 26,769 people, leaving 2.60 million people out of work, data from the Labour Ministry showed on Tuesday.
Spain gained 67,772 net formal jobs during the month to 21.29 million jobs, when adjusting to seasonality, a separate report from the Social Security Ministry showed.
(Reporting by Maria Luiza Amaral, editing by Inti Landauro)
Unemployment refers to the situation where individuals who are capable of working are unable to find a job. It is often measured as a percentage of the total labor force.
Economic growth is an increase in the production of goods and services in an economy over a period of time, typically measured by the rise in Gross Domestic Product (GDP).
The financial sector encompasses institutions and services that manage money, including banks, investment firms, and insurance companies, playing a crucial role in economic stability and growth.
Employment opportunities refer to available jobs or positions within the labor market that individuals can apply for, often influenced by economic conditions and industry demand.
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