Question: Why is unemployment so bad in Spain?

Does Spain have an unemployment problem?

This statistic shows the unemployment rate in Spain from 1999 to 2020. In 2020, the unemployment rate in Spain was 15.67 percent. Today, Spain has the second-highest unemployment rate of all EU states.

Why is youth unemployment so bad in Spain?

The increase in segmentation of the labor market, the lack of effective employment policies and deficiencies in the education system have been cited as some of the principal reasons behind the significant level of youth unemployment in Spain.

How much is unemployment benefit in Spain?

The amount received as unemployment benefit is established according to the average salary for which you have made contributions (not counting overtime) during the 6 months prior to becoming unemployed. During the first 180 days of unemployment, you will receive 70% of that average and then 50%.

Which country has the best unemployment benefits?

Austria, Belgium, Denmark, Finland, France, Germany, Iceland, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden and Switzerland provide the most generous unemployment protection systems of all ILO member countries, the report says.

What are the 5 causes of unemployment?

5 Major Causes of Unemployment in Nigeria

  • Epileptic Electric Power Supply. Lack of regular electric power supply is the biggest cause of unemployment in Nigeria. …
  • Poor Quality of Education. …
  • Negligence of Agriculture and Other Natural Resources. …
  • Corruption.
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