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Barakaldo is a medium-sized municipality in the Greater Bilbao area. Following the industrial recession of the 1980s, Barakaldo experienced significant population decline and local unemployment rose to over 10%. At the turn of the century, much of the town’s industrial heritage was redeveloped and the population stabilized at just over 100,000 people. The growth of the service sector boosted employment and slowed down depopulation.
