By Robert Hetz and Blanca Rodríguez MADRID (Reuters) – The Unemployment in Spain rose slightly between January and March 2015, its second consecutive quarterly rise, the reduction of jobs especially in the service sector, a weakness of the labor market in the country evidence. According to data presented Thursday by the National Institute of Statistics, the unemployment rate rose in the first quarter in seven cents, to 23.78 percent, the sharp decline in employment in the private sector and despite the decline in the labor force. ” The data is not bad, but it’s something worse than expected because with the economy growing at a rate close to three per percent, employment should grow, “said Jose Luis Martinez, an analyst at Citi in Madrid. The BBVA analysis service spoke of disappointment data Survey (LFS) and a weakness in employment attributable to the important services sector in the country, which was offset partially by the construction and industry. The Spanish Government nevertheless clung to positive year comparisons to proclaim that was intensifying job creation and attributed to the usual seasonal first quarter fall in employment. The Spanish Prime Minister, Mariano Rajoy said they were the best figures since the crisis began, and stressed that in the last twelve months had created more than 500,000 new jobs. The number of unemployed also fell on quarter in 13,100 people, up to 5.44 million, representing the largest decline for a start of exercise ten years. Continued …
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