Another statistically significant factor is the large number of residents of EU origin typically retiring to Spain's Mediterranean coast. In fact, Spain was Europe's largest absorber of migrants from 2002 to 2007, with its immigrant population more than doubling as 2.5 million people arrived. In 2008, prior to the onset of the economic crisis, the ''Financial Times'' reported that Spain was the most favoured destination for Western Europeans considering a move from their own country and seeking jobs elsewhere in the EU.