Friday, October 26, 2012

Spain unemployment hits record high at 25 percent

One in four Spanish workers were without a job in the third quarter of this year, a record high, and further layoffs are likely to follow next year as more of the country's 60 billion euro program of budget austerity kicks in.

http://www.reuters.com/article/2012/10/26/us-spain-unemployment-idUSBRE89P0B620121026