Relevant:
- Greece's November Unemployment Rate Increases to 20.9%
- Spanish jobless rate 24.6pc, youth unemployment at 53pc
- Spanish Home Sales Declined for Third Month as Unemployment Rate Tops 20%
- European Union reaches highest unemployment rate since crisis started -- Spain hits 25 percent unemployment rate for first time. The missing EU crisis headlines.
- European Car Sales Fall to 20-Year Low Amid Unemployment
2012-09-14 — bloomberg.com
Spain, which forecasts an economic contraction of 1.7 percent this year, is in its second recession in three years. The country's 25 percent unemployment rate is Europe's highest and has diminished lending for residential real estate.
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