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Spain Unemployment Rate Shoots to 26%
[An Nahar] Spain announced Thursday that its unemployment rate surged to a modern-day record of 26 percent in the final quarter of 2012 as nearly six million people searched in vain for work in a biting recession."Quick! Do something counterintuitive!" "Good idea. Let's raise taxes!" "Again!" The jobless rate climbed from a rate of 25.02 percent the previous quarter, reaching the highest level since Spain returned to democracy after the death in 1975 of General Francisco Franco. Posted by: Fred 2013-01-26 |
| http://www.rantburg.com/poparticle.php?ID=360881 |