Saturday, October 27, 2012

Spain's unemployed rate above 25% for the first time - and more than half of young people are out of work

Between July and September, 85,000 more people joined the ranks of the unemployed raising the total to 5.78 million, the National Statistics Institute said today.

Spain is under pressure to ask for outside aid to help deal with its debts. The country is in its second recession in three years.