MercoPress. South Atlantic News Agency
Unemployment in Spain with no ceiling: 27% in first quarter of 2013
The Spanish National Statistics Institute, INE, reported on Thursday that the nation's unemployment rate shot up from 26.02% in the last quarter of 2012 to 27.16% in the first three months of this year. This is approximately 6.2 million Spaniards are out of a job. Youth unemployment stands at 57%. Read full article
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Disclaimer & comment rulesplease see programme about Argentina's “economic miracle”
Apr 26th, 2013 - 10:33 am - Link - Report abuse 0www.youtube.com/watch?v=JxATngnqgv8
Neoliberalism at it's best... Brazil will be happy to welcome fleeing Spanish citizens looking for jobs.
Apr 26th, 2013 - 12:43 pm - Link - Report abuse 0So many young Spaniards now working in the UK, a tragedy for Spain. Their industrial age is over with few long lasting industries ever created in Spain.
Apr 26th, 2013 - 01:08 pm - Link - Report abuse 0We have several Spanish and Portugese nurses working at the the hospital where I work. Lovely people! There is one girl in particular, a Spanish nurse, who in my humble opinion is the best I have ever seen a real credit to her profession and her country. When I next get the opportunity, I will tell her so.
Apr 26th, 2013 - 04:13 pm - Link - Report abuse 0We will, again, receive the Spaniards with open arms
Apr 26th, 2013 - 04:57 pm - Link - Report abuse 0http://www.youtube.com/watch?v=QzQfjZALODA
But I hope the Spainards don't forget, like they did in 2002.
lol @ stevie & brazilian
Apr 26th, 2013 - 08:16 pm - Link - Report abuse 0Yea, those spaniards really wanna go from one disaster to another....No, they go to Australia, UK, Canada, Switzerland, USA if they can.
6
Apr 26th, 2013 - 09:37 pm - Link - Report abuse 0You mean like they did during Franco?
Just come to Paraguay. With 15% economic growth we can take in a few more people in. Actually with a free country like PY we can take in an unlimited amount of people. Btw expect paraguay to have the best gdp growth n the world for 2013.
Apr 27th, 2013 - 02:27 am - Link - Report abuse 0I watched a programme about the young Spanish unemployed the other evening. Most of the ambitious are learning German as they see that country as their best opportunity.
Apr 27th, 2013 - 03:36 pm - Link - Report abuse 0In contrast I was speaking with a hotel owner in Chile about the difficulties she has in finding good staff. (Unemployment is low in Chile) I asked why they don't seek staff from Spain and she replied that they had tried that but it was a complete disaster. The Spanish staff considered themselves far superior to the Chilean and Peruvian staff and could not fit in at all.
I think Spain will be straw that breaks the Euro's back. They're situation is getting worse and they are way too big to bail out.
Apr 27th, 2013 - 06:34 pm - Link - Report abuse 0You got to think with unemployment at 27% Spain's real problem is its labour market is too expensive, but it can't lower wages because those wages go to pay mortgages or rents paid to mortgage payers which will have a knock on effect on the property market and the countries banks. At some point the bubble has to burst, membership of the euro has hidden the countries problems for many years and prevented corrective action that could have been a safety valve for the countries problems.
Apr 28th, 2013 - 09:04 am - Link - Report abuse 0Commenting for this story is now closed.
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