Relevant:
- European Union reaches highest unemployment rate since crisis started -- Spain hits 25 percent unemployment rate for first time. The missing EU crisis headlines.
- Spanish jobless rate 24.6pc, youth unemployment at 53pc
- Spain jobs woes deepen as unemployment rate hits 25pc
- Retail sales show recession far from bottom
- U.S. Unemployment Rate Reaches 25-Year High of 8.5%
2012-04-29 — telegraph.co.uk
The unemployment rate in the eurozone's fourth largest economy hit 24.4pc, the highest in the industrialised world, in the first quarter of this year, signalling that one-in-four Spaniards is out of work. Among under-25s the rate climbed to 52pc.
At least 1.7m households now have no wage earner, an increase of almost 10pc since the start of the year.
Retail figures for March, meanwhile, showed sales fell for a 21st consecutive month, as the country's deep recession bit down on consumer spending.
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