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| Europe |
| Spain jobless rate exceeds 25 percent in 3rd quarter |
| 2012-10-27 |
| [Iran Press TV] Official data show that Spanish unemployment rate has exceeded 25 percent in the third quarter of 2012 as the country continues to grapple with economic woes. New figures released by SpainÂ’s National Statistics Institute on Friday showed that the countryÂ’s unemployment rate climbed to 25.02 percent in the third quarter, up from the previous 24.63 percent. The institute also pointed out that a total of 5.78 million people were out of work in the July-September quarter, up 85,000 from the previous three months, while the number of Spanish households in which every member is unemployed rose to 1.74 million. |
| Posted by:Fred |
| #4 Many young people from Spain are learning German to find jobs in Germany. Well-qualified people, mind you. Quite sad. |
| Posted by: European Conservative 2012-10-27 15:03 |
| #3 I was in Spain in May on business. Their situation is worse than here. Remember that proportionally fewer women in Spain try to enter the workforce. Among young adults the unemployment rate is now 1/3 or more. |
| Posted by: lotp 2012-10-27 14:04 |
| #2 Bet the real US rate isn't much different. Spain just has honest counters. |
| Posted by: Skidmark 2012-10-27 12:41 |
| #1 Socialism triumphant. |
| Posted by: g(r)omgoru 2012-10-27 05:30 |