Virus-hit Spain's jobless rate jumps to 14.4%
Spain, one of the hardest-hit nations by the coronavirus pandemic, has imposed a nationwide lockdown, which has largely paralysed its economy. – EPA pic, April 28, 2020.
SPAIN’S unemployment rate jumped in the first quarter to 14.4%, figures from national statistics institute INE showed today, as a nationwide coronavirus lockdown hit the eurozone’s fourth largest economy. The jobless rate was up from 13.8% in the previous quarter, its lowest level since the third quarter of 2008 but still the highest rate in the eurozone after Greece.
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