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Spanish Unemployment Stays Above 25% as Rajoy Seeks Growth

Spain’s unemployment remained above 25 percent for a sixth straight quarter, underpinning the extent of the damage wrought by a six-year slump in the euro region’s fourth-largest economy.

The jobless rate was at 26.03 percent of the workforce in the three months through December compared with 25.98 percent in the previous quarter, the National Statistics Institute in Madrid said today. Economists expected the rate to remain unchanged, according to the median of seven forecast in a Bloomberg News survey.