Economics
Spanish Surge in Jobless Claims Started to Ease in May
- Claims rose by 26,573 -- still the worst May since 2008
- Total jobless claims have risen more than 600,000 since March
A waitress sanitizes a table surface at the outdoor terrace of a cafe in Madrid, on May 25.
Photographer: Paul Hanna/BloombergThis article is for subscribers only.
The number of Spaniards filing for jobless claims rose in May at a much slower pace than the previous two months, a sign that businesses are getting back to work as Spain gradually lifts its strict lockdown measures.
Claims rose by 26,573, the Labor Ministry said Tuesday. But some sectors saw an increase in hiring, including construction, and there was also a slight uptick in industry.