This paper is a continuation of our study of a class of Toeplitzlike operators with a rational symbol which has a pole on the unit circle. A description of the spectrum and its various parts, i.e., point, residual and continuous spectrum, is given, as well as a description of the essential spectrum. In this case, the essential spectrum need not be connected in C. Various examples illustrate the results.2010 Mathematics Subject Classification. Primary 47B35, 47A53; Secondary 47A68.