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An article in today's Correo Gallego highlights the economic benefits the Camino, and especially the Camino Frances, has brought to the communities along the route. Communities that 15-20 years ago were teetering on the brink of extinction have been rejuvenated by the money that pilgrims have spent, in existing shops and bars, and in new services that have sprung up, such as rooms in private houses. http://www.elcorreogallego.es/index.php?idNoticia=65685
Spain’s unemployment rate fell to the lowest since the end of 2011 in the third quarter as its economy turned into one of the fastest-growing in the euro region.
Joblessness fell to 23.7 percent in the three months through September from 24.5 percent in the previous quarter, Spain’s national statistics institute INE said in Madrid today. The economy grew 0.5 percent in the period, the Bank of Spain predicts.
Prime Minister Mariano Rajoy, whose four-year term ends next year, eased laws on firing and wage cuts in 2012 to encourage companies to hire. Still, unemployment remains the second-highest in the European Union after Greece even as the Spanish economy has completed its first full year of growth since 2008.
