Unemployment hits record highs in Spain, France - World Socialist Web Site
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Unemployment hits record highs in Spain, France
By Alex Lantier
26 April 2013
According to figures published yesterday, the number of unemployed workers in Spain and France has reached all-time highs, as Europe’s economic collapse accelerates under the impact of the global economic crisis and austerity measures imposed throughout the continent.
In Spain, the National Statistics Institute (INE) reported that the country had 6,202,700 unemployed workers, the first time in history that over 6 million Spanish workers were jobless. Spain’s unemployment rate rose 1.14 percentage points, to 27.16 percent, as 237,400 jobs were lost. Spanish youth unemployment has reached 57.22 percent.