Reuters – Spain’s unemployment rate rose to 14.4% in the first quarter of the year, data from the National Statistics Institute showed on Tuesday, up from 13.8% in the previous quarter as a result of the lockdown imposed in the country to slow down the coronavirus contagion in mid-March.
Economists’ polled by Reuters had forecast Spain’s unemployment rate would rise to 15.6%.
(Reporting by Aida Pelaez-Fernandez, Editing by Inti Landauro)
