Tuesday, September 4, 2012

Spanish unemployment rises for first time in 5 months



Published on Sep 4, 2012 by
http://www.euronews.com/ With the end of Summer and the tourist season winding down Spain's jobless rate jumped in August.

The number of people seeking work increased by just over 38,000 from July.

Spain has the European Union's highest unemployment rate at 24.6 percent of the workforce when it was last calculated at the end of June.

For the four previous months unemployment had declined, but the total is now back up to just under 4.63 million.
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