May 11, 2021

EPA pushes Ayuso

All the calculations – the public ones of course, but also the private ones – pointed out that 2021 was going to be the year of recovery. They did not have it difficult given the depth reached by the crisis last year. But the third wave came and dashed hopes, by prolonging the confinements. We do not know the GDP data, but yesterday the EPA completed the employment figures throughout the first quarter. The situation is very bad. We lost busy and, in addition, the unemployed were reduced. The apparent contradiction is explained because there was a large increase in the chapter of the ‘discouraged’, which is made up of all those people who neither work nor show interest in looking for a job, feeling incapable of … See more .

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