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Just spreading a bit more doom and gloom...
Figures for Spanish unemployment ( now at 17% I think)
Figures for UK unemployment
Figures for Spanish unemployment ( now at 17% I think)
]Spain August Unemployment Up 2.4% On Month
09/02/09 04:39 am (EST)
(RTTNews) - Wednesday, the Ministry of Employment & Immigration of Spain announced that unemployment rose 2.4% in August compared to the previous month. The rise marks the first increase in four months.
The total number of unemployed persons amounted to 3.63 million in August - an increase of 84,985 persons from July.
The number of unemployed males rose 2.7% on month in August compared to a 2.1% increase among women.
The Secretary General of Employment, Maravillas Rojo, commented that the rise in the unemployed was mainly a result of the slowdown in the tourism industry.
Figures for UK unemployment
Spain "wins"Unemployment in Britain jumped by 220,000 in the three months to June to 2.435 million, official data showed today, the highest level since 1995.
The Office for National Statistics said that the jobless rate was now 7.8% of the workforce.
The figures also showed a huge 271,000 drop in the number of people in work – the biggest fall since records began in 1971 – although there was a similar fall in the February to April period this year.