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VIRUS-SPAIN-UNEMPLOYMENT
Virus-hit Spain’s jobless rate jumps to 14.4 percent
MADRID, April 28, 2020 (BSS/AFP) – Spain’s unemployment rate jumped in the
first quarter of 2020 to 14.4 percent, figures from national statistics institute
INE showed, as a nationwide coronavirus lockdown hit the eurozone’s fourth
largest economy.
The jobless rate was up from 13.8 percent in the previous quarter, the highest
level in the eurozone after Greece. Spain, one of the hardest-hit nations by the
pandemic, imposed a nationwide lockdown on March 14 which has largely paralysed
its economy.
BSS/AFP/MMA/1318HRS