Spain's Poor Labor Market Performance (2010-2019)
Based on Figure 1.1, Spain exhibited one of the poorest labor market performances among the high-income countries surveyed for the 2010–2019 period. It is an outlier in the bottom-right quadrant, characterized by an exceptionally high average unemployment rate of approximately 20% combined with negative real wage growth of about -0.4% per year.
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Spain's Poor Labor Market Performance (2010-2019)
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