Re: Re: The true level of unemployment in Spain


Most informed articles you see state that the unemployment figures are overstated – often those on the list are working black (people always say the black economy is larger in Spain although I sometimes wonder how they know…)

Still, at least the unemployment rate has come down over the last 3 months running. Of course you’d expect better news at this time of year, especially as the tourist numbers are proving so resilient, but it’s still good news – wasn’t June’s figures the biggest drop on record? More of that, please.