Wednesday, March 27, 2013

Spanish unemployment hits FIVE MILLION: Record rise leaves an incredible one quarter of the population unemployed


Unemployment in Spain has hit a record high of five million people after a rise in the jobless total.

The Labor Ministry said that the number of people registered as unemployed in February had jumped by 59,444 compared with January taking the total to 5.04million.

In Europe's fourth largest economy, 26 per cent of the population were unemployed at the end of the fourth quarter, the highest level since 1975 .... http://www.dailymail.co.uk