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Spain's jobless rate at four-year low of 21.2 percent

People waiting in line at a government employment office on Paseo de las Acacias in Madrid on December 2, 2014Spain’s unemployment rate fell to 21.2 percent in the second quarter, its lowest level in four years, official data showed Thursday, in a further sign of recovery in the eurozone’s fourth-largest economy. In the busy July to September tourism period, when many Spanish companies take on new staff, the unemployment rate was 21.18 percent, down from 22.37 percent in the previous quarter, the National Statistics Institute said. The number of people looking for work in Spain fell by 298,200 in the third quarter over the previous quarter to 4.85 million.

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