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Spanish unemployment falls for fifth straight month

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Spanish unemployment falls for fifth straight month

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Unemployment fell in Spain for the fifth straight month in June with services leading the way as the tourist season got into full swing.

However more than four million people remain out of work, and once seasonally adjusted the rate is basically unchanged.

Unemployment for the first quarter was 23.8%. The second quarter figures are released at the end of July.

Seventeen point three million people paid into the system by the end of June, a 0.2% increase on the month before. However the decline in those demanding benefits was smaller than forecast.