Spain's unemployment rate stands at 12.4 pct, uncertainty remains

**This is a 60-seconds sample of the video. For the full version, please contact us.**

Spain's unemployment rate stands at 12.4 pct, uncertainty remains

STORY: Spain's unemployment rate stands at 12.4 pct, uncertainty remains DATELINE: Jan. 12, 2023 LENGTH: 00:01:33 LOCATION: BARCELONA, Spain CATEGORY: ECONOMY SHOTLIST: 1. various of Barcelona 2. SOUNDBITE (Spanish): JAVIER DIAZ-GIMENEZ, Professor of economics at IESE Business School 3. various of Barcelona STORYLINE: Eurostat on Monday released employment data for Europe, and among the 27 member states of the European Union (EU), the highest unemployment rate was in Spain, which stood at 12.4 percent. Javier Diaz-Gimenez, professor of economics at IESE Business School, said the reason for Spain's high unemployment rate is the seasonality in the Spanish labor market due to the predominance of the tourist industry. SOUNDBITE (Spanish): JAVIER DIAZ-GIMENEZ, Professor of economics at IESE Business School "The situation is far from critical or worrying. The minimum wage is rising and is now over a thousand euros. Obviously, there are many people in Spain with low salaries or short or part-time contracts, but

  • Product Code
  • ILEA001225964
  • Registered date
  • 2023/1/12 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • 1920 × 1080 pixel
  • Deployment size
  • 100.55(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    Afghans preparing to celebrate Eid al-Adha amid economic hardship

    STORY: Afghans preparing to celebrate Eid al-Adha amid economic hardship SHOOTING TIME: June 11, 2024 DATELINE: June 17, 2024 LENGTH: 00:02:06 LOCATION: Kabul CATEGORY: ECONOMY/CULTURE SHOTLIST: 1. various of a livestock market in Kabul 2. SOUNDBITE 1 (Dari): RAHMATULLAH, Kabul resident 3. various of a livestock market in Kabul 4. SOUNDBITE 2 (Dari): KHAN MOHAMMAD, Livestock seller 5. various of a livestock market in Kabul 6. SOUNDBITE 3 (Dari): EISA KHAN, Soft drink seller 7. various of a livestock market in Kabul STORYLINE: The people of Afghanistan begin to celebrate Eid al-Adha on Monday. However, the high rates of unemployment and poverty have drastically reduced the purchasing power of Afghan people, hindering their ability to shop. At an animal market on the western edge of Kabul, Rahmatullah, 28, sought to buy a sheep to sacrifice. SOUNDBITE 1 (Dari): RAHMATULLAH, Kabul resident "I am wandering in the bazaar but could not buy a sheep because of the high price. With the prices going up, no one ca

      EU's tariff hikes on China's EVs will only hurt ourselves: Spanish commerce official

      STORY: EU's tariff hikes on China's EVs will only hurt ourselves: Spanish commerce official SHOOTING TIME: June 14, 2024 DATELINE: June 17, 2024 LENGTH: 00:02:09 LOCATION: BARCELONA, Spain CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. various of the European Commission Berlaymont building 2. various of China's EV industry 3. SOUNDBITE 1 (Catalan): JOSEP MARIA GOMES, Int'l Business Developer, Barcelona Chamber of Commerce, Spain 4. various of the European Commission Berlaymont building 5. SOUNDBITE 2 (Catalan): JOSEP MARIA GOMES, Int'l Business Developer, Barcelona Chamber of Commerce, Spain 6. various of China's EV industry 7. various of the European Commission Berlaymont building STORYLINE: The European Commission's plan to impose additional tariffs on Chinese electric vehicles (EVs) will only hurt ourselves, said a Spanish commerce official in a recent interview with Xinhua. SOUNDBITE 1 (Catalan): JOSEP MARIA GOMES, Int'l Business Developer, Barcelona Chamber of Commerce, Spain "We have seen over the years ho

        Italy's growth forecast for 2024 revised up to 1 pct: ISTAT

        STORY: Italy's growth forecast for 2024 revised up to 1 pct: ISTAT SHOOTING TIME: June 7, 2024 DATELINE: June 8, 2024 LENGTH: 00:00:41 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of Italy STORYLINE: The Italian economy is expected to grow by 1 percent this year, the country's National Institute of Statistics (ISTAT) said on Thursday, revising up a previous 0.7 percent projection. The country's gross domestic product (GDP) growth rate "will be supported by the contribution of both domestic net demand of inventories and net foreign demand," ISTAT said in its report. Italy, the third largest economy in the European Union after Germany and France, will then expand by 1.1 percent in 2025. Overall, ISTAT said that private consumption in the country continues to be supported by the strengthening of the labor market and an increase in real wages. "These dynamics will lead to a growth of 0.4 percent in household consumption in 2024 and of 1 percent in 2025," it said. The labor market is also expected

          Türkiye's annual inflation exceeds 75 pct in May

          STORY: Türkiye's annual inflation exceeds 75 pct in May SHOOTING TIME: June 2-3, 2024/Archives DATELINE: June 4, 2024 LENGTH: 00:01:10 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of people shopping in Istanbul, Türkiye (Shooting date: May 17, 2024) (courtesy of ihlas news agency) 2. various of people at a discount cafe in Samsun, Türkiye (Shooting date: June 2, 2024) (courtesy of ihlas news agency) 3. various of people at a fish bazaar in Düzce, Türkiye (Shooting date: June 3, 2024) (courtesy of ihlas news agency) 4. various of people shopping in Safranbolu, Türkiye (Shooting date: June 2, 2024) (courtesy of ihlas news agency) STORYLINE: Türkiye's annual inflation rate rose to 75.45 percent in May, the highest since November 2022, reaching the peak expected by the government and economists, according to official data released on Monday. Consumer prices rose by 3.37 percent in May, compared to an increase of 3.18 percent in April, as per data from the Turkish Statistical Institute. The highe

            Turkish consumers' patience wears thin as inflation peaks at 75 pct

            STORY: Turkish consumers' patience wears thin as inflation rate peaks at 75 pct SHOOTING TIME: June 3, 2024 DATELINE: June 4, 2024 LENGTH: 00:03:37 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Ankara 2. SOUNDBITE 1 (Turkish): SUAT ENGIN, Pensioner 3. various of Ankara 4. SOUNDBITE 2 (Turkish): NILGUN OZMEN, Pensioner 5. various of Ankara 6. SOUNDBITE 3 (Turkish): SELMA SONGUN, Housewife STORYLINE: With Türkiye's annualized inflation rate exceeding 75 percent in May, Turkish consumers are in desperate need of the relief promised by the government's disinflation efforts. Türkiye's inflation rate rose in May to 75.45 percent, official data revealed on Monday. That's the highest point since November 2022, and a significant jump from April's rate of 69.8 percent. "The worst is over," Treasury and Finance Minister Mehmet Simsek said on X after Monday's data release. The minister sought to reassure the public that relief is in sight. "We saw the highest level of annual inflation, which refl

              Shared passion for delicacies fuels China-EU agricultural trade

              STORY: Shared passion for delicacies fuels China-EU agricultural trade SHOOTING TIME: May 17, 2024 & File DATELINE: May 29, 2024 LENGTH: 00:01:08 LOCATION: Brussels CATEGORY: ECONOMY SHOTLIST: 1. file footages of agri-food products 2. SOUNDBITE (Chinese): PAN FENG, Vice chairman of the China-Europe Association for Technical and Economic Cooperation STORYLINE: China and the European Union (EU) signed an agreement on geographical indications (GI) in 2021, with the aim of improving bilateral trade in agri-food products. This year marks the third anniversary of the landmark agreement coming into effect. The first GI list, which entered into force in 2021, protects 100 Chinese agricultural GIs in the EU and 96 agricultural EU GIs in China. From Bordeaux wines to Sitia olive oil, a wide range of signature agri-products from the EU have gained a greater presence in the kitchens of Chinese families, tickling Chinese taste buds with their exotic flavors. SOUNDBITE (Chinese): PAN FENG, Vice chairman of the China-

                Italy's economy performs well but slowdown expected: IMF

                STORY: Italy's economy performs well but slowdown expected: IMF SHOOTING TIME: May 21, 2024 DATELINE: May 22, 2024 LENGTH: 00:00:49 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of stores in Rome STORYLINE: The International Monetary Fund (IMF) on Monday said that while Italy had good recoveries from economic shocks in recent years, the economy's prospects were only "moderate" going forward. In its annual Staff Concluding Statement, the IMF said that Italy recovered from the back-to-back shocks of the coronavirus pandemic and the spike in energy prices sparked by the Ukraine crisis and that as of the end of the first quarter of this year, its economy was 4.5 percent larger than before the pandemic -- "a stronger performance than in other large euro-area countries," the IMF said in a statement. That growth, the fund said, was fueled by a recovery in tourism, tax credits, and projects funded by European Union (EU) pandemic recovery loans and grants. But the IMF said Italy was unlikely to

                  EU agrees to use frozen Russian assets for Ukraine's defense

                  STORY: EU agrees to use frozen Russian assets for Ukraine's defense SHOOTING TIME: May 21, 2024 DATELINE: May 22, 2024 LENGTH: 00:01:41 LOCATION: Brussels CATEGORY: POLITICS SHOTLIST: 1. various of the European Commission Berlaymont building 2. various of the Europa and Justus Lipsius building STORYLINE: The Council of the European Union (EU) announced on Tuesday that ministers from EU member states have agreed to use proceeds from frozen assets of the Central Bank of Russia (CBR) to support Ukraine's military efforts. Under the agreement, 90 percent of the profits from these assets will be allocated to the European Peace Facility, an EU-run fund providing military aid for Ukraine. The remaining 10 percent will bolster Ukraine's defense industry capacities and reconstruction needs. "Up to 3 billion euros (3.26 billion U.S. dollars) this year alone, 90 percent goes for Ukraine's military," Czech Foreign Minister Jan Lipavsky stated on social media platform X. According to data from the Council,

                    European green industries look to China for upturn, debunk overcapacity claim

                    STORY: European green industries look to China for upturn, debunk overcapacity claim SHOOTING TIME: Earlier footage DATELINE: May 17, 2024 LENGTH: 00:02:08 LOCATION: Brussels, Budapest, Berlin, Oslo CATEGORY: ECONOMY SHOTLIST: 1. various of launching ceremony of Senj Wind Farm In Croatia 2. various of the landscape of Budapest in Hungary 3. various of the street view in Germany 4. SOUNDBITE 1 (Hungarian): MARTON NAGY, Hungarian Minister for National Economy 5. SOUNDBITE 2 (German): HILDEGARD MUELLER, President of the German Association of the Automotive Industry 6. SOUNDBITE 3 (English): CARL FEY, Professor of strategy at BI Norwegian Business School STORYLINE: In the global shift towards sustainable energy solutions, China's investments in green projects in Europe have played a crucial role in advancing the continent's green transition. In Croatia, the Chinese-built Senj Wind Farm annually produces 530 million kilowatt-hours (kWh) of green electricity, cutting Croatia's carbon dioxide emissions by about

                      India's wholesale inflation rises to 1.26 pct in April

                      STORY: India's wholesale inflation rises to 1.26 pct in April SHOOTING TIME: Recent footage DATELINE: May 16, 2024 LENGTH: 0:01:11 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of the wholesale market 3. various of fuel station STORYLINE: India's wholesale price index (WPI) rose 1.26 percent in April, according to data released Tuesday by the Federal Ministry of Commerce and Industry. "The annual rate of inflation based on all India WPI number is 1.26 percent (provisional) for the month of April 2024 (over April 2023)," read a statement issued by the ministry. "Positive rate of inflation in April 2024 is primarily due to increase in prices of food articles, electricity, crude petroleum and natural gas, manufacture of food products, other manufacturing etc." WPI for the month of March was recorded as 0.53 percent. WPI inflation, an indicator of prices in the wholesale market, rises or falls mainly due to steep increase or decrease in commodity prices globall