Virus-hit Spain's jobless rate jumps to 14.4%

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Virus-hit Spain's jobless rate jumps to 14.4%
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The rise in joblessness in Spain for the 1st quarter of 2020 is concentrated in the services sector and among workers with temporary contracts. coronavirus

, imposed a nationwide lockdown on March 14 which has largely paralyzed its economy.

But the figure may actually be higher since INE said many workers who lost their jobs were classified as"inactive" because the survey carried out to determine the jobless rate was disrupted by the lockdown. Spanish airline Iberia, fast-food retailer Burger King, and automaker Seat are among the large companies that have temporarily laid off thousands of staff.

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