Every Fourth Person In Spain Is UnemployedApril 27, 2012 5:51 pm
We had spotted multiple jobs stats and unemployment stats. We spotted this today:
“The Spanish government reported that its unemployment rate rocketed to a record high of 24.4% in the first quarter.
That was an increase from the already-astronomical rate of 22.9% in the fourth quarter of 2011. Spain has been haunted by high unemployment for many years, particularly with young people, but this is the worst it has ever been. The total number of jobless rose by 365,900 between January and March 2012 to hit 5,639,500.”
Statistics Source: CNN Money