On Air Now

Upcoming Shows

Program Schedule »

Tune in to Listen

1590 AM Coldwater, Michigan 95.5 FM Coldwater, Michigan

Weather

Current Conditions(Coldwater,MI 49036)

More Weather »
68° Feels Like: 68°
Wind: S 7 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Sunny 69°

Tonight

Mostly Clear 53°

Tomorrow

PM Thunderstorms 80°

Alerts

  • 0 Severe Weather Alerts
  • 0 Cancellations

Spain's Oct jobless rises as tourist season ends

People wait to enter a government-run employment office in Madrid October 2, 2013. REUTERS/Susana Vera
People wait to enter a government-run employment office in Madrid October 2, 2013. REUTERS/Susana Vera

MADRID (Reuters) - The number of registered jobless in Spain rose in October as the effect of the summer tourist season started to wear off, pouring cold water on the government's hopes that tentative signs of economic recovery would translate into jobs.

Spain's number of registered jobless rose by 87,028 people in October, leaving 4.81 million people out of work, data from the Labour Ministry showed on Tuesday. It did not give a percentage figure.

The government has been quick to announce the end of a two-year recession in the third quarter, though economists have warned that the recovery is likely to be muted as Spain continues to fight fiscal imbalances and massive unemployment.

Spain's economy grew by 0.1 percent between July and September after contracting for nine quarters.

(Reporting By Sarah Morris, Editing by Julien Toyer and Angus MacSwan)

Comments