After many decades of unemployment, the country has made efforts to turn around the situation of the economy, however, after the recent recession, unemployment has reached a record high of 18.1%. Strict labor regulations and generous unemployment benefits contribute to the dismal state of unemployment. Additionally, high unemployment benefits tend to push up wages, discouraging companies from hiring more people. Another reason for high unemployment is its rapid modernization, which causes a decline in employment in agriculture and other basic industries. Role in international trade Spanish agriculture provides approximately 3% of its gross domestic product. It produces wheat, sugar beet, barley, tomatoes, olives, citrus fruits, grapes and cork. It is the world's largest producer of olive oil, lemons, oranges and strawberries and the third largest producer of wine. Spain has limited mineral resources. The manufacturing industry is led by textiles, food processing, iron and steel, naval machinery and engineering. Having become the second largest tourist destination in the world, this translates into the largest source of income. Commercial activity