comsc US Politics | AMERICAblog News: Jobless in Spain hits record high
Join Email List | About us | AMERICAblog Gay
Elections | Economic Crisis | Jobs | TSA | Limbaugh | Fun Stuff

Jobless in Spain hits record high

| Reddit | Tumblr | Digg | FARK

Sadly, there is very little good news out of Spain these days. The jobless numbers are horrid (again) and the unemployment is sitting at 23.6% and over 50% for the younger generation. Now that the new government has announced its strict austerity plan, times are bound to get tougher. BBC News:

The number of Spanish jobseekers rose for the eighth month in a row in March to hit a record 4.75 million.

The Labour Ministry said the number of people filing for unemployment benefits rose by 38,769 with the services sector seeing the most jobs lost.

The jobless rate in Spain stood at 23.6% in February, according to EU figures released on Monday.

blog comments powered by Disqus