Spanish unemployment on the decrease

//Spanish unemployment on the decrease

Spanish unemployment on the decrease

ib-economics-tutor-spains-unemployment-rate-falls-to-more-than-six-year-low-bloomberg

Bloomberg: Spain’s Unemployment Rate Falls to More Than Six-Year Low

Article published: Oct 27, 2016 – out of date: no longer suitable for your IB Economics commentary

IB Economics syllabus: Macroeconomics (unemployment)

While Spanish unemployment is still the 2nd highest in Europe, it has now decreased to an over 6 year low, thanks to the increase in the number of service sector jobs. The secondary sector’s job creation was slower, while the number of agricultural jobs decreased. Prime minister Rajoy has a long way to go in order to keep his promise of creating 2 million new jobs.

Source of image: INE / Bloomberg

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By | 2018-10-25T04:14:22+00:00 November 16th, 2016|Macro|Comments Off on Spanish unemployment on the decrease

About the Author:

My name is Daniel Szekely and I work as an IB Economics tutor, examiner and teacher. Having earned an MA degree in Economics at the University of Aberdeen, I started my career as a financial analyst at Morgan Stanley, one of the largest investment banks of the world. Yet, despite the promising career prospects of the banking industry, I decided to make a larger social impact by becoming a teacher. Currently, I teach IB Economics at SEK Budapest International School and have been an examiner for over 6 years. I started EconDaddy as a simple blog to share great articles with my students and others taking IB Economics around the world to use for their commentaries. Being a practicing IB Economics tutor, I have first hand insight into the most common mistakes of students, so the EconDaddy blog now also provides exam and commentary writing tips.

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