“Figures from the INE statistics office show that 53 percent of Spanish companies have no employees, as many can’t afford to hire full-time workers. That portion reached 55 percent last year. The total number of businesses declined for a fifth year in 2012, falling to the lowest level since 2005, the INE said in a statement this month. The proportion of those people losing their jobs who decide to start a business has risen to 15 percent, more than three times the historical rate, said Carmen Sebrango, Randstad’s outplacement director in Spain.”
Related posts:
IMF finds $11 billion ‘black hole’ in Greece’s finances
Dark side of Ca. pot legalization: a bonanza of government jobs
Consider keeping Bernanke, top Romney adviser says
Hedge funds selling gold 'in a big way'
More Taxpayers Are Abandoning the U.S.
Fluoride: Portland City Council poised to back water treatment
CFTC's Chilton Talks Bitcoin Regulation
Spain Recoils as Its Hungry Forage Trash Bins for a Next Meal
Italian factory owner moves company to Poland while staff are on holiday
Al-Qaeda claims Iraq prison raids, says 500 inmates freed
An Economist's Call For A Global Tax on Wealth
Geneva car show opens amid industry gloom
BitCoin Is Gold 2.0: Venture Capitalist
Australia’s richest person Gina Rinehart would let prisoners ‘pay for freedom’
Asian economies most at risk for natural disaster crisis