What is the rate of youth unemployment in Spain?
37.1%
The source defines youth unemployment as unemployment of those younger than 25 years….Youth unemployment rate in EU member states as of June 2021 (seasonally adjusted)
| Characteristic | Youth unemployment rate |
|---|---|
| Spain | 37.1% |
| Greece | 30.4% |
| Italy | 29.4% |
| Portugal | 27.7% |
Why is there so much youth unemployment in Spain?
The increase in segmentation of the labor market, the lack of effective employment policies and deficiencies in the education system have been cited as some of the principal reasons behind the significant level of youth unemployment in Spain.
Which country has the highest youth unemployment rate?
South Africa
Youth unemployment, ages 15-24, 2019 – Country rankings: The highest value was in South Africa: 57.47 percent and the lowest value was in Cambodia: 0.37 percent.
What causes unemployment in Spain?
Causes. Spain suffers a high level of structural unemployment. Since the economic and financial crisis of the 1980s, unemployment has never dipped below 8%. One leading cause is an economy based mostly on tourism and building sectors, as well as lack of industry.
What is the current unemployment in Spain?
At a rate of 15.26 percent in the second quarter of 2021, Spain was one of the countries with the highest unemployment rates in the European Union….Unemployment rate in Spain from 1st quarter 2005 to 2nd quarter 2021.
| Characteristic | Unemployment rate |
|---|---|
| Q4 ’20 | 16.13% |
| Q3 ’20 | 16.26% |
| Q2 ’20 | 15.33% |
| Q1 ’20 | 14.41% |
What caused unemployment in Spain?
Do teens in Spain get jobs?
As of 16 years you are allowed to work in Spain, but only re jobs on a contract that the parents are in agreement with, as long as the working hours are during the day, and the work is not considered detrimental to their health or development.
What is the unemployment rate in Spain?
In 2020, the unemployment rate in Spain was 15.67 percent. Today, Spain has the second-highest unemployment rate of all EU states….Spain: Unemployment rate from 1999 to 2020.
| Characteristic | Unemployment rate |
|---|---|
| 2020 | 15.67% |
| 2019 | 14.1% |
| 2018 | 15.26% |
| 2017 | 17.22% |
Which country has the lowest youth unemployment rate?
Italy followed with a youth unemployment rate of close to 30 percent. In contrast, Japan’s youth unemployment rate was the lowest at roughly four percent….Youth unemployment rate of G20 countries in 2020.
| Characteristic | Youth unemploymet rate |
|---|---|
| – | – |
What is meant by youth unemployment?
Youth unemployment is the situation of young people who are looking for a job, but cannot find a job, with the age range being that defined by the United Nations as 15–24 years old.
What was the youth unemployment rate in Spain?
In its aftermath, unemployment among Spanish workers under 25 years of age reached peaks above 50% in 2012, 2013 and 2014. Since these peaks, the youth unemployment rate has been slowly declining, although in 2017 it continued to be above 35% (Spanish Labour Force Survey).
Is there labour market instability among young people in Spain?
In January 2016, the Spanish Foundation of Savings Banks (Funcas) published an article in its Social Outlook journal entitled ‘Intensification of labour instability among young people in Spain ‘.
How many young people drop out of school in Spain?
In Spain, both the number of early school dropouts and the number of university graduates are higher than the corresponding European averages. According to Eurostat data, 20% of those in Spain aged 18–24 were considered to be early leavers from education and training in 2015, whereas in the EU28 the average percentage was 11%.
How is the recession affecting young people in Spain?
Young people with low qualifications are most affected by the economic recession. This been the case in Spain since 2008, with a fall in production levels in sectors such as construction, where there is a predominance of low-qualified workers.