“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
Related posts:
Estonia launches national car-charging network
Repo Market Decline Raises Alarm as New Regulations Strain Debt
Deutsche Bank's Opaque Loans From Brazil to Italy Hide Risk
Chicago cop: No memory of bartender beating, 110 phone calls
Federal marijuana decision clears way for Oregon hemp production
Lawmakers, aides may get Obamacare exemption
Greece Seeks Taxes From Investors in London Property
NSA defenders: embassy closures followed ‘pre-9/11 levels’ of ‘chatter’
Human trials for cancer vaccine that uses immune system to eliminate tumours
Government asks for 60-year sentence for Bradley Manning
Senators in Immigration Talks Mull Federal IDs for All Workers
St. Louis residents became aware of Army nuclear waste dumping via HBO doc
An attack on free speech in North Carolina
$2 Trillion Underground Economy May Be Recovery's Savior
US Officials: Al-Qaida Gaining Foothold in Syria