Cleaning personnel wearing protective face masks and fire fighters walk past a field hospital set-up in Madrid. AFP
Spain's social security data showed on Thursday that close to 900,000 workers lost their job since March 12 when the country went on coronavirus lockdown.
Some 898,822 workers lost their jobs since March 12 in Spain, social security data showed on Thursday, more than half of which are temporary workers.
The number of people officially registered as unemployed in the country rose to 3.5 million in March, the highest level since April 2017.
Spain's nearly 47 million people have since March 14 lived under one of the strictest virus lockdowns in the world, with adults authorised to leave home only to buy food, medicine or walk the dog.
The jobless rate was up from 13.8 per cent in the previous quarter, its lowest level since the third quarter of 2008 but still the highest rate in the eurozone after Greece.
It was the smallest daily increase since March 23 in Spain, which is suffering one of the worst COVID-19 outbreaks in the world. The update for the last 24 hours raised the country's overall number of fatalities to 16,353 and the number of confirmed cases another 4,800 to 161,852.
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The Federal Tax Authority (FTA) asserted that its recent decision to postpone the final step of phase two of the Marking Tobacco and Tobacco Products Scheme until January 1, 2021, does not affect the first two steps that were already implemented, nor does it impact the Excise Tax rates.
The Umm Al Quwain Free Trade Zone Authority has taken a series of proactive steps to ensure business continuity for its existing investors who are battling the economic backlash. These welcome measures will lend a helping hand to SMEs and microbusinesses to overcome serious cash flow challenges in the next few months, retain their workforce and sustain their businesses.