Home > Unemployment > Spanish unemployment – 48.56% of under 25’s

Spanish unemployment – 48.56% of under 25’s

Here is a graphic from the WSJ. There are some serious problems in the spanish economy with 48.56% unemployment of those under 25 and 22.85% being the national figure. Also from the NYT:

– 1.6 million Spanish households ended last year without a single member holding an official job.
– 33% of those unemployed aged below 30.
– 5.72 million are unemployed.
– The Bank of Spain recently forecast that the Spanish economy would shrink 1.5 percent this year, with employment recovering only in the second half of 2013.

This is worrying news for the Spanish as another recession seems likely which in turn means more pressure on jobs.

Advertisements
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: