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Spain unemployment and economic situation only comparable to Franco’s days

Friday, October 26th 2012 - 21:30 UTC
Full article 13 comments

Spain's unemployment rate hit a record high in the third quarter, with one in four out of work and more expected to lose their jobs in 2013 as the next phase of government cutbacks kicks in. Read full article

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  • Uruguayan_And_Proud

    Some of you guys, why dont you come to uruguay? We need you people, so our job market can grow and prosper more then it already has.

    Oct 26th, 2012 - 10:06 pm - Link - Report abuse 0
  • Britworker

    Oh yes, that great economic miracle Uruguay, perhaps they don't want to move to a country that has Kirchners foot on their throat.

    Oct 27th, 2012 - 12:27 am - Link - Report abuse 0
  • Tinx

    I guess Uruguay has many job opportunities unique on milking .

    Oct 27th, 2012 - 09:10 am - Link - Report abuse 0
  • Uruguayan_And_Proud

    Britworker
    CFK has her throat on our president, thats about it. if he does anything stupid, we will take action, with or without violence.
    Tinx
    Funny, but no. jobs in the financial center, and other places.

    Oct 27th, 2012 - 01:45 pm - Link - Report abuse 0
  • Ayayay

    Spain is one of Brazil's largest investor engines. Was.

    Oct 27th, 2012 - 06:47 pm - Link - Report abuse 0
  • Elena

    4 I think that is a good idea for both Uruguay and the Spanish people, some embassys in Latam already have work visas for foreigners. :)

    Oct 28th, 2012 - 04:14 am - Link - Report abuse 0
  • BAMF Paraguay

    This is the result of good ol' socialism and welfare. Keep it up world, eventually you'll find a way for socialism and welfare to function. There has to be a way to make people keep working for nothing.

    Oct 29th, 2012 - 01:34 am - Link - Report abuse 0
  • Guzz

    Tell me BAMF, in what way has Spain been socialistic according to you? You say Obama and Romney are the same and hope Obama will fail so socialism geta the blame.
    You have no clue what socialism is, for you it's a word that means something bad...

    Oct 29th, 2012 - 06:42 am - Link - Report abuse 0
  • ProRG_American

    Despite what anyone says, a-la- Uruguayan_And_Proud, Spaniards are going to Mercosur countries in droves. This will not stop while there is more demmand for skilled labor than there are qualified persons ready to fill the jobs.

    Oct 29th, 2012 - 11:40 pm - Link - Report abuse 0
  • BAMF Paraguay

    Well Guzz, figuring that Spain was ruled by the “ Partido Socialista Obrero Español” under the prime minister Gonzalez and Zapatero for nearly 2 decades, I would venture to say they just may be a bit socialist. The +40% of GDP being spent by the government usually means a country likes to dabble in some welfare programs or owns some corrupt inefficient national companies.

    Here is the Mirriam-Webster definition of socialism...

    1
    : any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods

    That sounds about what Spain is. And yes it means something very bad to me. It means that a little group of people get to decide what to do with everyone else's life. Take the greatest test of socialism in history; USSR. Now that was a great experiment, except for the millions that died under that system, but hey, it was for the greater good of the country right!? I'll stick to personal and economic freedom, at least I have a choice then.

    Oct 30th, 2012 - 03:17 am - Link - Report abuse 0
  • Guzz

    How about the PP? They are socialists as well? Psoe ruled from 82-96, then PP rules for 8 years, so I would say that Spain is a classic example of left-right governments... By the way, Felipe Gonzalez a socialist? Lol

    Oct 30th, 2012 - 07:15 am - Link - Report abuse 0
  • British_Kirchnerist

    Austerity is taking Spain back to the time of Franco; ie, not working!

    Nov 01st, 2012 - 10:56 am - Link - Report abuse 0
  • Elena

    Austerity may or may not be paying debt back but at the same time is killing economic growt, you can´t cut ppl earnings and basic services and hope they will still buy or sell to move the economy let alone help it growt. Also, the situation on banks has yet to be touched, especially those desinged “too big to fail” .

    Nov 02nd, 2012 - 03:00 am - Link - Report abuse 0

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