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Spain says jobless queue shrinks in December to near 5-million mark

AFP
January 4, 2013, 3:15 pm TWN

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MADRID -- Spain's jobless line shrank in December but numbers were still up sharply over the past year of biting recession, hovering near 5 million people, government figures showed Thursday.

The number of people registered as unemployed in the eurozone's fourth-biggest economy fell by 59,094, or 1.2 percent, to 4.85 million in the month to December, the Labor Ministry said.

Over the year, however, the ranks of jobless surged by 426,364 people, or 9.64 percent.

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