Economy boosted by 'larger workforce'
The economy in Spain could be set to receive a boost after the National Statistics Institute stated that unemployment levels in the country have fallen.
It now stands at its lowest rate for 30 years and is at 7.95%. In the second quarter of this year, 202,000 people joined the workforce in Spain, reports Homes Worldwide.
Additionally, the country created 674,000 fresh positions in the year leading up to July, the publication stated.
On top of this, more than 2 million jobs of been made possible since the start of socialist Jose Luis Rodriguez Zapatero's government in 2004, news that may be of interest to potential property investors.
In the last ten years, the country has supplied 600,000 new jobs per annum.
Economic growth is predicted to be 3.8% in 2007, the government stated.
Long-term investment opportunities in Spain are in good health, according to recent comments by GE Money Home Lending.
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