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@amlivemon

Political machinations, Geopolitics concerning Europe & transatlantic relations. Often political economics rants. Eurodollar and US foreign policy explainer.
Immora patreon.com/user?u=77906098 Joined September 2015
467 Following 48K Followers 277K Posts

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Live Monitor Verified account @amlivemon
Spain like Germany and other EU countries hide unemployment with social programs
Daniel Lacalle Official Account Verified account @dlacalle_IA 42m
Spain has the highest official unemployment rate in the euro area and the second-highest among developed economies (after Finland, IMF). However, a large part of the real unemployment is hidden under "inactive fixed discontinuous" jobs—seasonal jobs that do not count as unemployed even if they receive unemployment benefits—. These inactive jobs have risen from 230k to 800k in the past eight years

Hey, Mexico has the "lowest unemployment rate in the world after Japan" by hiding unmotivated job seekers. So go figure...
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Live Monitor Verified account @amlivemon
Tesla reported 16,506 local workers in 2025, though an earlier report put its Austin headcount at 22,777, so the number depends on the source and year. SpaceX adds about 3,400 to 4,000 at Starbase, per one tally of 3,400+. SpaceX and Boring together brought about 1,200 jobs to Bastrop County. X is the softest number: one source says 1,500+ in Austin, another says only several hundred came with the Bastrop move. Boring has about 576 employees in total, and only some are in Texas. SpaceX also has Raptor engine work in McGregor, which I couldn't size. Add xAI's Texas staff (now part of SpaceX) and you land in the range of 30,000 jobs total.

Indirectly, @elonmusk affects another 150,000 Texas jobs on top of the 30,000 direct ones. If Hinojosa continues to play games, she can expect a departure of significant revenue generated by Elon.
Bloomberg Verified account @business 3d
Texas Governor-elect Gina Hinojosa used her first news conference since winning election to spotlight her scrutiny of the potential sale of state park land to Elon Musk’s SpaceX bloomberg.com/news/articles/…
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