The unemployment rate is horrendous, at 13.3% in the first quarter of 2023. In comparison, Germany was at around 5.5%, the UK at about 3.8%, and the US at around 3.5%.
Edit: And when you scope that to youth unemployment, the rate in Spain is nearly 30%. I won’t pretend to know enough about Spanish economic policy to speculate on causes, but things are not exactly going well.
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The unemployment rate is horrendous, at 13.3% in the first quarter of 2023. In comparison, Germany was at around 5.5%, the UK at about 3.8%, and the US at around 3.5%.
Edit: And when you scope that to youth unemployment, the rate in Spain is nearly 30%. I won’t pretend to know enough about Spanish economic policy to speculate on causes, but things are not exactly going well.
Removed by mod