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Spain Unemployment Hits Record High


Business  (tags: world, society, money, unemployment, Spain, economy, politics )

Cal
- 604 days ago - bbc.co.uk
Spain's unemployment rate soared to a new record of 27.2% of the workforce in the first quarter of 2013, according to official figures.



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Comments

M Away M. (461)
Thursday April 25, 2013, 2:46 am
Everyone is suffering. Is there no end?
 

Stan B. (122)
Thursday April 25, 2013, 3:34 am
Bad news indeed. I would imagine the real figure is even worse.
 

Past Member (0)
Thursday April 25, 2013, 4:45 am
Not good but I dont think anywhere in the future will get back to what ir used to be Fore runner of the one world global financial system to come I wonder

noted thanks
 

Past Member (0)
Thursday April 25, 2013, 4:49 am
Difficult times, really need to loosen up the employment laws.
 

Natasha Salgado (576)
Thursday April 25, 2013, 9:13 am
Many Euro countries are suffering...it's even worse in Greece. Thx Cal
 

Elizabeth M. (68)
Thursday April 25, 2013, 10:14 am
Very difficult times not only in Spain, but Greece is really suffering too.
This seems to be getting close to what it was like in the 30's, and it might take many years for effective change.
Thank You Cal.
Flagged Spammer 3 times now!!
 

Gene Jacobson (255)
Thursday April 25, 2013, 12:15 pm
How does a society survive an unemployment rate that high? Well, the only way is to reject austerity measures and use the same principles FDR used to get us out of the Great Depression and EVERY president since has used to get us out of depressions and recessions. Keynesian economic theory which says you spend on governmental projects, regardless of deficit affect, as those jobs put money directly into the local communities in the form of wages as you build schools, add police and fire, pave roads, repair and upgrade infrastructure and then you work on the deficit when your economy is again booming. Austerity in a depression will only plunge an economy further into it, make things worse. Which Europe is proving all over. And which our republican party would also do here if allowed, even though Nixon, Reagan and both Bush presidents all used these principles during their terms. Why not now? Because a democrat is at the helm and they'd rather crash our economy, let it go down in flames with Europe than see a democrat get credit for making things better. They don't care in the slightest how many people will be hurt by a crash, only ideology. And they are wrong, always and forever wrong. There will be riots, bloody riots in Europe if they do not mend their wicked ways, and that will spread into our economy as well, if we do not do the same.
 

Alicia v. (181)
Thursday April 25, 2013, 12:38 pm
Gene Jacobson, 100% agree with you. I'm from Madrid, I have 2 days work per week, and the scissors on everything are letting us high and dry.
 

Birgit W. (152)
Thursday April 25, 2013, 2:49 pm
Most European countries are having difficulties. Thank you.
 

Stuart Thomas (519)
Thursday April 25, 2013, 3:52 pm
How sad! Over 1/4 of the workforce of Spain being unemployed!
 

Bruno Moreira (61)
Thursday April 25, 2013, 4:54 pm
noted thanks
 

Jennifer C. (169)
Thursday April 25, 2013, 5:20 pm
Sadly noted.
 

Helen Porter (40)
Thursday April 25, 2013, 10:55 pm
many say these are signs of the times ....the last days
 

alicia m. (100)
Friday April 26, 2013, 4:04 am
what can I say? thank you Cal and all from one of these numbers, each of you deserve a whole milky way!
 

alicia m. (100)
Friday April 26, 2013, 4:09 am
noted of course, spam flagged
I cannot be more against austericity!!!!!!!!!!!!!!!!!
and about job laws, I don't think it can be loosen up more!
 

Dandelion G. (384)
Friday April 26, 2013, 8:15 am
Stop Austerity measures. Force those Corporations and Individuals who make money in the Countries to pay their taxes and not evade the taxes by holding Trillions in offshore bank accounts or fake businesses. Vulture Capitalism must cease, they must invest in the people and their Communities in which they are making their money.
 

Patricia H. (454)
Friday April 26, 2013, 8:39 am
noted
 
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