Skip to content

Don't believe everything you read/hear about Spain

slate.com
1 pointegiva1 comment
On HN

Comments

Look, I've lived in Spain for a long time and obviously I see what's happening here. But I'm from California and I read/see/hear what the US press says about Spain. DO NOT BELIEVE IT! Most reports, and unfortunately this report as well in Slate, are more gut-check types of articles, with little background, facts, or true reporting.

For the curious, here's one BIG fact that all the press write about spain, but is totally false:

Reports state that Spain has 24%+ unemployment. FALSE! Unemployment figures in the US are pretty reliable (minus structural unemployment) - but in Spain the official figures are totally bogus. MANY PEOPLE work the system here - basically declaring themselves as unemployed (in order to collect the State's very generous unemployment insurance benefits), while continuing to work "illegally" - ie in the undeclared/un-oficial black labor market. Obviously, the government loses revenues in the form of unpaid social security payments, but 24% unemployment here is a total myth. I'm not sure why the press doesn't point that out.

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.