World Economy

More Jobs in Spain

More Jobs in SpainMore Jobs in Spain

Spain’s jobless rate could fall to around 20% by the fourth quarter of 2016, the head of the Bank of Spain said on Tuesday, though he warned that tight spending policies must be maintained to avoid a reversal of the economic recovery, Reuters reported. “We’re far from having overcome all of the factors of vulnerability (in the economy),” Governor Luis Maria Linde told a parliamentary commission on Spain’s 2016 budget plans. “Doubts about the continuation of efforts to redress...imbalances could put an end or lead to a reversal of the progress made.”