Spain’s unemployment rate falls to 10.61% in Q4 from 11.2% in Q3

(Reuters) – Spain’s unemployment rate fell to 10.61% in the fourth quarter of 2024, lowest since second quarter of 2008, from 11.2% three months earlier, data from the National Statistics Institute showed on Tuesday.

Economists polled by Reuters had forecast Spain’s unemployment rate would fall to 11.10%.

(Reporting by Joao Manuel Mauricio in Gdansk, editing by Inti Landauro)