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Crisis: Spanish unemployment hits record high of 27.2%
Crisis: Spanish unemployment hits record high of 27.2%
Six million jobless in first quarter of 2013
(ANSAmed) - ROME - Spanish unemployment hit a record high of 27.2% in the first quarter, equal to six million people out of a job, the national statistics institute made known on Thursday.
The figure is higher than market estimates of 26.5% (up from 26.02% in the previous quarter) and is the highest level since 2002. Unemployment has risen by 20 percentage points since the economic crisis began, equal to four million more jobless Spaniards, the institute said.
The figure is higher than market estimates of 26.5% (up from 26.02% in the previous quarter) and is the highest level since 2002. Unemployment has risen by 20 percentage points since the economic crisis began, equal to four million more jobless Spaniards, the institute said.
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