Spain accumulates 28% of all unemployed in the eurozone after the blow to employment at the beginning of 2022

Gonzalo D. VelardeFOLLOW, CONTINUEMadrid Updated: 03/05/2022 14:10h

The employment data for the first quarter of the year have left a change in trend in the labor market after the strong expansion experienced in the last year and a half after the worst months of the pandemic. The increase of almost 71,000 unemployed and the destruction of more than 100,000 jobs reveal the weakness of the recovery, which has been hit in recent months by the sharp increase in prices that has already forced many sectors to adjust staff -such as industry which has sent 5,000 workers to the ERTE while
destroyed another 68,000 jobs
in the first three months of 2022-.

In home reading
labor market performance
This translates into a slight increase in the unemployment rate in the month of March to 13.5%, according to data published this Tuesday by Eurostat, the statistical service of the European Commission.

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