Why is Spain’s unemployment rate so high (12.14%)? It has the highest rate out of all 1st world countries and it is even higher than Ukraine’s. It is in 167th place out of 192 countries.

Lots and lots of season work, under the table jobs, temp contract employment, etc. Added together it shaves several percent off that total, but not enough to mean the country isn’t having employment problems. Analysts just looking at the raw numbers from afar will attribute all of it to labor regulations, but digging deeper than just some charts and bar graphs gets you a clearer picture that’s far less grim in one way, but in some ways makes things look even worse.