Spain's registered unemployment fell below 2.5 million in May for the first time since July 2008, Reuters reported on Tuesday citing the Labour Ministry . The number of unemployed dropped by 57,835 to 2.45 million, reaching levels not seen since before the global financial crisis and Spain's real estate bubble burst. Labour Minister Yolanda Diaz described this as a key milestone, noting that the government aims to sustain this progress. Unemployment in Spain typically decreases during the summer as the hospitality sector boosts hiring for the tourist season. Meanwhile, the Social Security Ministry reported that Spain added over 190,000 net formal jobs in May, bringing total formal employment to a record 21.8 million. Attribution: Reuters Subediting: Y.Yasser
