The Spanish unemployment report gave an initial, albeit very incomplete, estimate of the scale of the economic shock in the country, Guillaume Derrien from BNP Paribas put the figures into perspective. Key quotes “The number of jobseekers jumped by 311,037 to 3.444 million (seasonally-adjusted data). This was the biggest monthly increase on record.” “The April report will probably show a much bigger jump in the number of jobseekers. According to the government, nearly 3 million workers had been furloughed by the end of March.” “Looking at the number of people making social security contributions indicates a much more significant worsening of the labour market. After seasonal adjustment, the number of contributors fell 976,031 in March.” “Public finances have improved significantly in recent years, this gives the government some scope to tackle the current crisis.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Canada: Jobless Pandemic – BMO FX Street 2 years The Spanish unemployment report gave an initial, albeit very incomplete, estimate of the scale of the economic shock in the country, Guillaume Derrien from BNP Paribas put the figures into perspective. Key quotes “The number of jobseekers jumped by 311,037 to 3.444 million (seasonally-adjusted data). This was the biggest monthly increase on record.” “The April report will probably show a much bigger jump in the number of jobseekers. According to the government, nearly 3 million workers had been furloughed by the end of March.” “Looking at the number of people making social security contributions indicates a much more significant worsening… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
