Definitely not only Spain has become an expert in destroying jobs but it seems that has become the largest specialist in destroying it, the unemployment rate has reached 17.4% and according to some statistics in 2010 to reach a 20%, deteriorating labor market is twice that of the entire European Union. In February, half of all new registered resident in Spain, now the data of March have pushed that proportion to two-thirds of this figure is alarming and even more disastrous than the average in the euro zone is 8.9% and of the EU 8.3%, Spain in a single month has succeeded in increasing their unemployment rate over nine tenths.
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Over the past 12 months are now 4.06 million people across Europe who have lost their jobs, this figure was 1.84 million in Spain.
In this situation Maria Teresa Fernandez de la Vega announced that next Wednesday will hold a Council of Ministers to discuss the extraordinary nature of the employment situation and evaluate the Action Plan and which has not met expectations expected.
Did an unemployment rate of 20%?
Another bad news or rather poor predictions is the study by the Institute of Economic Research (CER), which in early 2010, which Spain will not only have the highest percentage of unemployment across the European Union but by far exceeds the other figures of unemployment, although this prediction is very unstable because it does not consider possible changes in the economy that might arise from the measures the government takes the next few months and be aware of that has passed only 1 / 3 year.