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The latest forecasts made available by the Bank of Spain in November 2020 on the impact of the coronavirus (SARS-Cov-2) on national employment show an even more recessive trend than that already detailed in the data provided by the Government in May of the same year. In the worst case scenario, unemployment rate could exceed 20 percent in 2021 and stand over 18 percent the following year.
Forecast of the impact of the coronavirus on the unemployment rate in different scenarios in Spain between 2020 and 2023
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Bank of Spain. (December 30, 2020). Forecast of the impact of the coronavirus on the unemployment rate in different scenarios in Spain between 2020 and 2023 [Graph]. In Statista. Retrieved May 13, 2024, from https://www.statista.com/statistics/1167946/covid-19-decline-annual-of-job-planned-by-stage-spain/
Bank of Spain. "Forecast of the impact of the coronavirus on the unemployment rate in different scenarios in Spain between 2020 and 2023." Chart. December 30, 2020. Statista. Accessed May 13, 2024. https://www.statista.com/statistics/1167946/covid-19-decline-annual-of-job-planned-by-stage-spain/
Bank of Spain. (2020). Forecast of the impact of the coronavirus on the unemployment rate in different scenarios in Spain between 2020 and 2023. Statista. Statista Inc.. Accessed: May 13, 2024. https://www.statista.com/statistics/1167946/covid-19-decline-annual-of-job-planned-by-stage-spain/
Bank of Spain. "Forecast of The Impact of The Coronavirus on The Unemployment Rate in Different Scenarios in Spain between 2020 and 2023." Statista, Statista Inc., 30 Dec 2020, https://www.statista.com/statistics/1167946/covid-19-decline-annual-of-job-planned-by-stage-spain/
Bank of Spain, Forecast of the impact of the coronavirus on the unemployment rate in different scenarios in Spain between 2020 and 2023 Statista, https://www.statista.com/statistics/1167946/covid-19-decline-annual-of-job-planned-by-stage-spain/ (last visited May 13, 2024)
Forecast of the impact of the coronavirus on the unemployment rate in different scenarios in Spain between 2020 and 2023 [Graph], Bank of Spain, December 30, 2020. [Online]. Available: https://www.statista.com/statistics/1167946/covid-19-decline-annual-of-job-planned-by-stage-spain/