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The latest European Labour Market Index (Euroindice Laboral), on seven European Union (EU) countries, published by IESE Business School on behalf of staffing agency Adecco Spain reveals that 42% of the 4.7 million jobs lost in the EU since Q1 2008 were lost in Spain.
25% of the 2.5 million lost jobs for the under-25 year olds in the EU since Q1 2008 were equally lost in Spain.
Youth unemployment in Spain is forecast at 41.5% in Q3 2010. An increase of +2.9 percentage points compared to Q3 2009. The average unemployment rate in the other countries researched is forecast at 22.1%.
The analysis forecasts that Spain will continue to have one of the highest rates of unemployment in Europe in Q3 2010 (19.8%) followed by Portugal (10.1%), France (9.4%), Poland (8.8%), Italy (8.2%), the UK (8%) and Germany (7.6%).
To read the full analysis in Spanish language please click here