In Spain

Miseria

Spain’s ‘Misery Index’ worse than Portugal’s or Greece’s

Spain’s “Misery Index,” as measured by Bloomberg (13.7), is worse than that of Greece (11.4), Portugal (8.64), the European Union (8.9), and the Eurozone (9.2). The Misery Index is a simple economic indicator designed to measure the economic discomfort or stress felt by the average citizen in a country. It was created in the 1970s by American economist Arthur Okun and is calculated by adding two key variables: Misery Index…

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Unemployment up 19,517 in July; number paying social security contributions passes 22.5 million thanks to regularisation process

The total number of unemployed stood at 2,311,499, the lowest figure for this month since 2007. This means the figure has once again exceeded the 2.3 million mark, which it had fallen below in June for the first time in 18 years. Reported by Consejeros Editorial Team Registered unemployment at Public Employment Service offices rose by 19,517 people in July, bringing the total number of unemployed to 2,311,499, the lowest…