Tag #Spanish Youth

What is the primary factor hindering youth emancipation in Spain, and what are its immediate consequences?

In Spain, the youth emancipation rate hit a record low of 14.8% in the first half of 2024, down from 16% in 2023 and significantly lower than pre-pandemic levels. This is despite a 4% rise in average youth salaries and a slight decrease in unemployment. The primary cause is soaring rental prices, increasing by 13.6% year-on-year to an average of €1,072.