A Closer Look

Spain’s Red Cross / 26% of those helped can’t afford protein three times a week

Unlike the Spanish growth trajectory, the rise in Spanish unemployment since 2008 has been incredibly consistent. Each new statistical release bears the terrible news that more Spaniards have joined the ranks of the unemployed.

Source: Business Insider/Matthew Boesler, data from Bloomberg

 

The problem is compounded by the fact that Spanish businesses are closing their doors at a record pace. In the first quarter of 2013, 2,564 companies filed for bankruptcy, up 45% from 2012.

And while much attention is paid to the headline unemployment numbers — especially for youths, 57% of whom are now jobless — statistics that give a bit more of a glimpse of how life has changed in Spain since the crisis began are much more revealing.

For most, no job means no income — and in many cases, no income means no food.

According to the Spanish Red Cross’ Bulletin on Social Vulnerability, 26% of Spaniards the Red Cross helps can’t afford to put a meal with protein on the table even three times a week, and 43% percent can’t afford to heat their homes in the winter months.

That is, if they still have their homes — the number of Spaniards facing foreclosures on their mortgages and evictions is rising fast.

Foreclosures ordered by courts in 2012 alone totaled 91,622, up 17.7% from 2011.

Some of these cases have ended in suicide. In November, a woman jumped six stories to her death as foreclosure agents were forcing open her front door. In February, an elderly married couple took their own lives, citing impending foreclosure in a note.

Chosen excerpts by Job Market Monitor

Business Insider

via Spanish Unemployment Crisis – Business Insider.

Related Posts

Spain / Beyond Doomed

POSTED BY  ⋅ APRIL 30, 2013 ⋅ LEAVE A COMMENT

Spain is in a great depression, and it is one of the most terrifying things ever seen. Five years after its housing boom turned to bust, Spanish unemployment hit a record high of 27.2 percent in the first quarter of 2013. It’s almost too horrible to comprehend, but 19.5 percent of the total workforce has not had … Continue reading »

Spain / Co-operatives create 8,000 new jobs while unemployment hits record level

POSTED BY  ⋅ APRIL 27, 2013 ⋅ LEAVE A COMMENT

At a time when more then six million people are unemployed across Spain, co-operatives have managed to not only maintain, but also increase the number of jobs by 7.2 percent in the third quarter of 2012. By contrast, the unemployment rate in Spain has reached 27.2 per cent, the highest since 1976. Although it has … Continue reading »

Spain / Should the euro be abandoned ?

POSTED BY  ⋅ APRIL 27, 2013 ⋅ 1 COMMENT

The mind goes numb. Spanish unemployment jumped by another 237,000 people in the first quarter to 6.2 million, or 27.2 per cent. The country is losing 3581 jobs a day. There are 1.9 million households where no member of the family has a job. The unemployment rate has reached 36.8 per cent in Andalusia, Spain’s … Continue reading »

Spain / Unemployment rate at record 27pc

POSTED BY  ⋅ APRIL 25, 2013 ⋅ 1 COMMENT

Spain’s unemployment rate has climbed to a new record of 27.16 per cent in the first quarter of 2013, as a deep recession sparked by the collapse of a property bubble ravages the eurozone’s fourth-largest economy. The jobless rate jumped from 26.02 per as the number of unemployed climbed by 237,400 people to 6.2 million, … Continue reading »

Spain / Population falls

POSTED BY  ⋅ APRIL 22, 2013 ⋅ 1 COMMENT

Spain’s official population fell last year for the first time since records began as immigrants fled a five-year on-and-off recession that has sent unemployment soaring. The number of residents fell by 206,000 to 47.1 million, the National Statistics Institute said on Monday, a figure entirely accounted for by the fall in the number of registered … Continue reading »

Spain / Thousands of striking Iberia workers protest layoffs

POSTED BY  ⋅ FEBRUARY 20, 2013 ⋅ 2 COMMENTS

Thousands of striking workers of Spanish flag-carrier Iberia protested noisily in Madrid Wednesday, furious at management’s plans to cut 3,800 jobs following its merger with British Airways. To the din of horns and smoking firecrackers, workers massed outside the company’s headquarters, waving red and yellow Spanish flags and signs such as “Get your dirty hands … Continue reading »

Europe’s lost generation / Youth unemployment exceeds 60 percent in Greece, is above 50 percent in Spain and tops 40 percent in Portugal

POSTED BY  ⋅ FEBRUARY 15, 2013 ⋅ 8 COMMENTS

Children across Europe are being driven into poverty by harsh government austerity and youth unemployment is soaring, threatening to create “lost generations” that could fire up a new continental crisis. Global charity Caritas said on Thursday that around three out of every 10 children in Greece, Ireland, Portugal, Italy and Spain are in or have … Continue reading »

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)

The Most Popular Job Search Tools

Even More Objectives Statements to customize

Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office

Follow Job Market Monitor on WordPress.com

Enter your email address to follow this blog and receive notifications of new posts by email.

Follow Job Market Monitor via Twitter

Categories

Archives

%d bloggers like this: