Spain Jobless Rate Rises to 10.8% as First-Quarter Employment Falls
Spain's unemployment rate rose to 10.8% in the first quarter as the number of unemployed increased by 231,500, marking the biggest rise in 13 years, according to figures cited from INE. Social security affiliation fell by 170,300 in the period and 191,400 private-sector jobs were lost.
Employment fell at twice the pace of a year earlier, while the activity rate slipped to 58.86%. The active population increased by 447,000 from a year earlier.
From the sources (2 posts)
@dlacalle_iaSpain. Unemployment registers its biggest increase in the last thirteen years, soaring by 231,500 people in the first quarter and reaching 10.8% (the highest in the euro area, above Greece). Social security affiliation falls by 170,300 peo
@el_pais🔴 La tasa de paro crece hasta el 10,8% en el primer trimestre y la ocupación cae el doble que el año pasado