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Breaking Posted 7 days ago

Spain unemployment rose 44.4K in August versus 19.5K prior

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Spain's unemployment increased by 44.4K in August, more than double the previous month's 19.5K rise, signaling labour-market weakness in the eurozone's fourth-largest economy. EUR/USD traders should monitor this as softer EU employment data may pressure ECB rate-cut expectations ahead of Friday's flash PMIs, competing with hawkish Fed repricing.
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@titi_nwa · 1 week ago

This could also be a symptom of a system that relies on an underpaid workforce to function.

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@precious123 · 1 week ago

They would rather hire undocumented ppl and underpay them instead of hire Spanish citizens and pay then right

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@scooter_mx · 1 week ago

The left just keeps pushing the lie that the right wants to ban immigration. Sensible people demand legal, skilled and screened immigrants at numbers that mean they must adapt to the local customs, not force their foreign culture on the locals by sheer weight of numbers and government handouts. This was post war Europe up to the 1980's, not the mess the leaders have done in the last 30 years.

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@segun_33 · 1 week ago

Cheap labor for multi-billion euro Corporations. Spanish workers not need to apply. The powerful rules the business world.

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@dominykas · 1 week ago

So, is the the immigration to low-paying jobs is not good (enough) after all or what? Please quantify this somehow.

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@segun_33 · 1 week ago

Labour shortage means two things. Everyone’s has a job. So not really a problem. Or they haven’t invested in native Spanish people.

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@patrinova_athenia · 1 week ago

Spain is not a country with history and culture anymore. Just an economy

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@robert_sondreli · 1 week ago

Immigrants are the solution

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