Economics

One-in-Four Spaniards is Unemployed

And it's above 50 percent for young workers

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Spain suffered the highest level of joblessness in the eurozone in July, as overall unemployment in the region held steady at a record high.

One out of every four citizens in Spain is unemployed, according to the latest statistics from Eurostat. The situation is even worse for young Spaniards. The unemployment rate for those under 25 years old is now approaching 53%.