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Europe
Spain Unemployment Rate Shoots to 26%
2013-01-26
[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

#3  Seems the Spanish equivalent of the BLS is far more honest than ours. Time to outsource.
Posted by: Procopius2k   2013-01-26 09:35  

#2  A price worth paying to save the egos of those running the EUSSR.
Posted by: Bright Pebbles   2013-01-26 07:07  

#1  Social justice triumphant!
Posted by: g(r)omgoru   2013-01-26 05:49  

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