(Reuters) – Spain’s unemployment rate fell to 13.33% in the fourth quarter of 2021 from 14.57% three months earlier to reach its lowest level since 2008, data from the National Statistics Institute showed on Thursday, as the labour market continued to rebound from a pandemic-induced slump.
Economists polled by Reuters had forecast Spain’s unemployment rate would reach 14.20%. The rate stood at 16.13% in the fourth quarter of 2020.
(Reporting by Joao Manuel Mauricio in Gdansk; Editing by Nathan Allen)