Spain: Unemployment at new record high in January

Spanish jobless figure hit a new record high in January, with 132.055 new unemployed which gives a total number of 4.980.778.

The services sector accounts for 82% of the new unemployed, 8.15% for the agricultural sector, 1.43% for the industrial sector and 0.46% for construction. Also, the number of Social Security holders dropped by 263.243.

Following the release of the unemployment numbers the Spanish risk premium was at 359 points, the 10-year benchmark bond yield at 5.3% and IBEX fell by 0.19%.