“Effective unemployment has only decreased by 72,000 people since 2019” according to FEDEA
FEDEA, the Foundation for Applied Economics Studies, published a new document yesterday in which its director, Angel de la Fuente, points out that “The improvement recorded between 2019 and 2023 or 2024 is considerably smaller in the case of effective unemployment than in registered unemployment. Comparing December 2024 with December 2019, for example, registered unemployment has decreased by just over 600,000 people, while effective unemployment has only decreased by 72,000.”…