Spain: Unemployment For Under 25s Over 55%

“Overall, Spain’s unemployment rate has risen to its highest level since measurements began in the 1970s, as a prolonged recession and deep spending cuts have left almost six million people out of work at the end of last year.  The nationwide jobless total rose 1% to 26.02% in the fourth quarter of 2012, or 5.97 million people, according to the National Statistics Institute.  More than 2,000 Spaniards a day joined the dole queue in the last three months of 2012.  The results mean in Q4 there were 8.33 million Spanish households in which every potential worker was unemployed.”

http://news.sky.com/story/1042210/spain-unemployment-for-under-25s-over-55-percent

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