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Million jobs are promised as Spain's economy recovers
(MENAFN) Facts and recent data shows that Spain's economy is on the recovering path, but many citizens wait for the thousands of jobs the government is promising.
Forecasts show the economy will increase by 3.3 percent during the current year, and upon these confidant projections, million jobs are promised to be created till the end of 2015.
However, facts also show that Spain's unemployment rate remains enormously high at more than 22 percent. One in every two eligible workers under the age of 25 is out of work.
"If the unemployment rate has gone down, it is only because the number of people eligible to qualify as job seekers has decreased" due to emigration, said an experienced economist.
Forecasts show the economy will increase by 3.3 percent during the current year, and upon these confidant projections, million jobs are promised to be created till the end of 2015.
However, facts also show that Spain's unemployment rate remains enormously high at more than 22 percent. One in every two eligible workers under the age of 25 is out of work.
"If the unemployment rate has gone down, it is only because the number of people eligible to qualify as job seekers has decreased" due to emigration, said an experienced economist.
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