Cincinnati Sun
CincinnatiSun.com Tuesday 7th September 2010 Edition 250/8
  • More Seniors News

  • German politicians put pressure on UK to scrap Bomber Command memorial
  • Julia Gillard becomes Australian PM
  • Obama to make billions available for infrastructure projects
  • Pain killing psychedelic mushrooms help terminal patients
  • Colorado fires cause 1000 people to be evacuated
  • North Korea makes plans for Dear Leader succession
  • Extortion admission by Van der Sloot
  • Lewis Telethon exceeds expectations in sluggish economy
  • Quran burning not on says Petraeus
  • Little Rock integration pioneer dies
  • Owner of bin Laden's former home will sell to him
  • Iraq government mulling over Aziz release
    Get Seniors News headlines emailed to you daily.

    Spain unemployment double EU average
    Cincinnati Sun
    Saturday 31st July, 2010  


    Spain's economy continues to take a hammering with the latest unemployment figures showing the highest levels in thirteen years.
    Spain's National Statistics Institute announced Friday that the country’s unemployment rate had soared to 20.09%, the highest it has been in thirteen years.

    In the first quarter of the year the unemployment rate was 20.05%.

    This new data means that a total of 4.6 million are without a job in Spain and these individuals will be claiming unemployment benefits, further burdening a government already spending beyond its means.

    Although the 20% figure is among the highest of unemployment rates in the developing world and especially in the European Union, data released earlier in the year by Eurostat revealed countries on the Baltic such as Latvia and Estonia to have similar unemployment statistics.

    The overall unemployment figure for all of the EU in May was 9.6%, which is about equal to the United States.

      Email this story to a friend

    Comments on this story

    By RicardoM, 07-31-10, 08:16 PM

    Spain unemployment highest in over a decade

    A great site with helpful info can be found here: http://www.squidoo.com/101-ways-to-not-lose-your-mind-when-unemployed

    Have your say on this story

    Your nickname (optional)
    Message title
    Message