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The number of Spaniards applying for jobless benefits rises by over 132,000 people in January to...

  • Monday, February 4, 4:26 AM ET
    The number of Spaniards applying for jobless benefits rises by over 132,000 people in January to 4.98M as companies use new labor rules to slash labor costs. In December, the jobless figure fell by 59,100. Despite the increasing unemployment, Madrid shares have recovered from earlier lows to trade flat.
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