- Spain's unemployed rate above 25% for the first time - and more than half of young people are out of work
- Eroding Social Justice in Spain
- IMF raises fresh concerns about the Spanish economy
- Greece: Construction slump drags on, jobless youth at 60%
- Francois Hollande holds crisis talks after 'worst week' for bruised party
- Police agent-provocateurs unmasked at Spanish protests
- Greece may seek Spanish-style rescue of banks as part of debt crisis solution
- Greek unemployment rate hits 23.6 percent in second quarter
- Over a million protesters demand Catalonian independence
- Italian miner slits wrist on live TV to protest mine shutdown
- The Austerity Hoax
- Troika officials praise Greece for progress with cuts
- Spain edges closer to disaster as the euro crisis spreads (and Greece is facing a 1930s-style depression)
- Spain clashes video: Violence erupts as million-plus protest in 80 cities
- Embattled Spain tries to calm fears of run on deposits at bank
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Nearly a quarter of Spanish workforce is jobless as unemployment levels hit record high
Spain’s unemployment rates have hit 25 per cent – the highest since records began after Generalissimo Franco's dictatorship.
Spanish officials have confirmed today that a quarter of its population – and a shocking 53 per cent of young people – is currently without a job.
This is the latest blow to the country’s economy as the government had hope the tourist season would help the country on its way out of recession.
It is now looking towards a bleaker future, despite a vow of support from the European Central Bank, as 5.7 million Spaniards eligible for work stand unemployed.
Source and full story: Daily Mail, 27 July 2012
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