2012-04-29telegraph.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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