What is the unemployment rate in Madrid?

As the Spanish job market rallied over a long recovery process, Madrid’s jobless population rate went down and reached 10.12 percent in the tlast quarter of 2021.

What was the unemployment rate during 2011?

8.9 percent
The U.S. jobless rate in 2011 was 8.9 percent, down 0.7 percentage point from the prior year. The national employment-population ratio continued to trend down to 58.4 percent in 2011.

What is the unemployment rate in Spain?

Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Spain unemployment rate for 2020 was 15.67%, a 1.57% increase from 2019. Spain unemployment rate for 2019 was 14.10%, a 1.16% decline from 2018.

What was the unemployment rate at the end of 2011?

Both the number of unemployed persons (13.1 million) and the unemployment rate (8.5 percent) continued to trend down in December. The unemployment rate has declined by 0.6 percentage point since August.

Why is Spain’s unemployment rate so high?

Overall, Spain suffers from a dual labor market system where many workers take on temporary contracts that are consistently prone to economic shocks and downturns. Freeing up the labor market by making it easier for employers to hire and fire workers would reduce the gap between temporary and permanent work.

Who has the highest unemployment rate in Europe?

Spain
Among European Union countries in March 2022, Spain is currently suffering the worst unemployment rate at 13.5 percent, followed by Greece at 12.9 percent while Czechia has the lowest unemployment rate in Europe, at 2.3 percent.

Which group had the highest unemployment rate in 2011?

African American women, whose rate of unemployment peaked at 13.4 percent in 2011, tended to have the highest unemployment rate among all women. Asian and White women tended to have the lowest rates.

Why was unemployment so high in 2010?

The state’s share of national jobs, which has been increasing since 2003, jumped in 2010 partly as a result of the state’s new tax credit. And trade volumes are increasing throughout California as both exports and imports are growing again as the nation’s trade with Asia is growing.

Is there high unemployment in Spain?

At a rate of 13.33 percent in the last quarter of 2021, Spain was one of the countries with the highest unemployment rates in the European Union.

Which country in Europe has the highest unemployment rate?

Among European Union countries in March 2022, Spain is currently suffering the worst unemployment rate at 13.5 percent, followed by Greece at 12.9 percent while Czechia has the lowest unemployment rate in Europe, at 2.3 percent.

Why is the unemployment low in Spain?

Since the economic and financial crisis of the 1980s, unemployment has never dipped below 8%. Spain has the fourth highest unemployment rate in the OECD, after Portugal, Italy, and Greece. One leading cause is an economy based mostly on tourism and building sectors, as well as lack of industry.