Spain Unemployment At Record High in Third Quarter
About a quarter of people in recession-hit Spain are unemployed, new figures have shown.
The unemployment rate rose to 25% in the third quarter, from 24.6% in the previous three months, Spain's National Statistic Institute said.
Among workers aged 16-24, the jobless rate was flat at about 52%.
The figures confirm those by the EU statistics agency, which has said that unemployment in the eurozone is at a high of 18.2 million.
Source: BBC. Read full article. (link)
Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time.