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post #1 of 5 (permalink) Old 12-04-2012, 07:14 PM Thread Starter
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One in four out of work in Spain

http://www.bbc.co.uk/news/world-europe-20602497

Nearly five million people are now unemployed in Spain, with one person in four out of work.

The country is showing few signs of recovery as it battles with the aftermath of a property crash.

Spanish banks gained approval for an EU bailout of 39.5bn euros.

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post #2 of 5 (permalink) Old 12-04-2012, 07:18 PM
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Re: One in four out of work in Spain



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post #3 of 5 (permalink) Old 12-04-2012, 07:25 PM
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Re: One in four out of work in Spain

that sucks. Funny how little I know about the economy in anywhere else besides USA and Japan. I hadn't heard they were having money problems at all. Of course, digital bailouts fix everything now a days.

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post #4 of 5 (permalink) Old 12-05-2012, 12:25 PM
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Re: One in four out of work in Spain

it's bad in most European countries, the worst being Spain, Portugal and Greece

Only countries in Europe with a low unemployment rate are Germany, Austria and Switzerland, each less than around 5% (Switzerland only 2%!)

I think in Russia its pretty low too, but who knows how they measure it over there
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post #5 of 5 (permalink) Old 12-05-2012, 02:16 PM
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Re: One in four out of work in Spain

Well, at least if you're poor and you live in Spain you can't freeze to death...

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