Tuesday, January 3, 2012

Spain - jobless reaches record high (23%) since crisis began

blished on Jan 3, 2012 by
http://www.euronews.net/ Unemployment in Spain rose for the fifth month in succession in December to a new record since the crisis began.

The government says more than 4.4 million people were out of work; the national statistics body puts the figure at nearly five million.

Labour Ministry said the figures confirmed the deterioration in the country's economic situation over the second half of the year.

The overall percentage was not given but last month the new prime minister put the figure at 23 percent, more than twice the European Union average.

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