General World News

These charts show how ridiculous Spain's labour market is right now


The state of Spain’s labour market has been one of the biggest stories in the Eurozone over the last few years.

Basically, it’s a total disaster.

At the peak of the country’s unemployment crisis in mid-2013, more than 26% of adults in the labour market were out of work, and youth unemployment stood at an incredible 55.7%.

Spain’s economy is actually one of the quickest growing in the Eurozone, up by more than 3% in 2015, and things are looking up more generally, but beyond that, the country’s labour market is still in dire straits.

This week, despite Spain’s problems, Barclays economists read more >>>

Source : BusinessInsider.Com