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As of January 2025, the unemployment rate is at 10.61% of the labor force. [1] Unemployment rates in Spain rose sharply during the late 2000s and early 2010s. Unemployment was at 8% between 2006 and 2007. Starting in 2008, the Spanish economic crisis caused the rate to rise past 20% in 2010 and 25% in 2012.
Then Spain suffered a severe setback from October 2008, when it saw its unemployment rate surge. Between October 2007 – October 2008 the surge exceeded that of past economic crises, including 1993. In particular, during October 2008, Spain suffered its worst unemployment rise ever recorded.
Youth unemployment in Spain rose very much during and following the financial crisis of 2007–2008, and among OCDE nations; Spain experienced the largest increase of job losses among young people. [1] The increase in segmentation of the labor market, the lack of effective employment policies and deficiencies in the education system have been ...
While President-elect Trump is looking forward to another turn in the Oval Office, economists looking at their 2025 calendar can't find the same optimism. Economists are already worried Trump’s ...
AI isn’t going anywhere in 2025, either. If the rise of artificial intelligence characterized the stock market surges of 2023 and 2024, then 2025 will be the year the technology sticks around ...
Spain has long struggled with high unemployment, which has never fallen below 8 percent since the 1980s; it stood at 10.61 percent in January 2025. [209] Youth unemployment is particularly severe by both global and regional standards; at 24.90 percent (as of January 2025), it is the highest among EU members and well above the EU average of 14.6 ...
A report from the Labor Department showed initial and continuing claims for unemployment benefits both fell last week, supporting the narrative of a solid jobs market and adding weight to the ...
Unemployment rate (2021) [1] This is a list of countries by unemployment rate.Methods of calculation and presentation of unemployment rate vary from country to country. Some countries count insured unemployed only, some count those in receipt of welfare benefit only, some count the disabled and other permanently unemployable people, some countries count those who choose (and are financially ...