Spain struggles with staggering unemployment

Spain struggles with staggering unemployment

Assessment

Interactive Video

Business

10th Grade - University

Hard

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The video discusses the struggles faced by people in Madrid as they attempt to sign up for unemployment benefits amidst a challenging economic climate. The construction sector, once booming, is now in decline, prompting workers to reconsider their future. The Spanish economy suffered significantly in 2008, particularly in the construction industry, due to the bursting of the real estate bubble. Predictions for 2009 indicate further economic difficulties, with potential job losses and a rising unemployment rate.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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