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BrikoX@lemmy.zip to World News@lemmy.mlEnglish · 2 years ago

Spain's unemployment rate falls to 15-year low of 11.60% in Q2

www.reuters.com

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Spain's unemployment rate falls to 15-year low of 11.60% in Q2

www.reuters.com

BrikoX@lemmy.zip to World News@lemmy.mlEnglish · 2 years ago
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  • cross-posted to:
  • news@lemmy.world
  • globalnews@lemmy.zip
Spain's unemployment rate fell to 11.60%, a 15-year low, down from 13.26% three months earlier, data from the National Statistics Institute (INE) showed on Thursday.

cross-posted from: https://lemmy.zip/post/792025

Archived version: https://archive.ph/Q0U2H
Archived version: https://web.archive.org/web/20230727215947/https://www.reuters.com/markets/europe/spains-unemployment-rate-falls-15-year-low-1160-q2-2023-07-27/

  • testingtesting123@discuss.tchncs.de
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    2 years ago

    I am not saying otherwise, total working hours have increased, but if you divide by workers have decreased, https://elpais.com/economia/2023-05-03/las-horas-trabajadas-alcanzan-las-cotas-previas-a-la-gran-recesion-tras-dispararse-en-el-primer-trimestre.html .

    But if there were manipulation of data the amount of hours wouldn’t increase. There is a difference in saying the data is manipulated and saying the data don’t tell you the whole story, one questions the data and good faith, the other questions the completeness of the analysis.

    Furthermore, the unemployment rate doesn’t tell you the whole story because working hours and salaries. The later have not increased meaningfully in the last 20 years… meaning people actually need to work more to have the same life level.

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