Channel: VisualPolitik EN

Category: News & Politics

Tags: is spain in crisiseconomic problems of spainfrancisco de goyacrisis in spaingenerational gapyouth unemployment in spainspanish economicsinequality in spaineconomic crisisspanish politicsenglishvisualpolitikgenerational dividehighest youth unemployment rate

Description: Join the VisualPolitik community and support us on Patreon: patreon.com/VisualPolitik Spain is hell for millennials... and a paradise for retirees. Young Spaniards suffer the highest youth unemployment rates in the developed world (40%): they are only surpassed by countries such as South Africa, Armenia or the Gaza Strip. They also have the highest rates of temporary work in the entire European Union. All this explains the enormous economic inequalities. Spain is the third most unequal country in Europe. In this case, the differences between rich and poor are explained by age. Those over 50 enjoy enviable working conditions and some of the most generous retirement pensions in the world. Meanwhile, 30% of those under 18 are at risk of poverty. How can these differences be explained? Is it possible to change this system? In this video we tell you about it.