The number of unemployed people in Spain increased again in March and reached record high 4.75 million.
According to data released yesterday by Eurostat, Spain struggles with the highest unemployment rate among European Union countries (23.6%).
Forecast says about 24.3% at the end of the year.
Despite the recession Spanish government committed itself to decrease deficit from 8.5% of GDP to 5.3% and forecasted economy expansion by 1.7% this year.
The reform accepted by politicians in February is suppose to simplify labor law and facilitate creation of new jobs.
MegaTraderFX - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.
All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. MegaTraderFX bears no responsibility for any trading losses you might incur as a result of using any data within the MegaTraderFX.
