Spanish unemployment hits record since 1970 | News Manager
Bulgaria Business World Executive Marketing Manager Job Comments Curious Science femail and Health Sports News today
Spanish unemployment reached its highest level during the second quarter of the year, since the country returned to democracy in the mid-1970s, due to the fact that companies cut more staff because of fears of a prolonged recession and the crisis of confidence among users. The unemployment rate rose to 24.6% from 24.4% in the first quarter, according to the National Statistics Institute, quoted by "Reuters".
The number of unemployed Spaniards rose to 5.7 million. The figure is the highest since current records, which date back to 1976, a year after the dictatorship in Spain ends with the death of Francisco Franco. The Spanish economy is stagnating or recession in early 2008 after the housing market collapsed.
Last recession, which began in the first quarter is expected to continue next year, and the government announced last week that it expects unemployment femail to fall much below 22% until 2015 at least.
Almost a third of all those unemployed in the euro area are in Spain, and young people are the worst hit. According to the statistical agency Eurostat, femail the EU, half of the people in the country to 26 are unemployed.
Quote of the day
Stoycho Vlaykov femail is the founder and manager of Cashwave. It is also a serial entrepreneur whose passion is to create elegant and easy-to-use technology products and commercialization. He is the founder and manager of M Telecom / Welt - a leading mobile content and marketing in Bulgaria, as well as business development manager at Yahoo! in London, UK. Co-founder of Reachout.bg, a nonprofit organization that promotes education and development of children deprived of parental care. He graduated from Management Information Systems at the University of Economics in Vienna, Austria.
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Sofia 1301 str. "George Washington" femail 12, fl. 2 and 3
Website development femail by M6 Solutions
Bulgaria Business World Executive Marketing Manager Job Comments Curious Science femail and Health Sports News today
Spanish unemployment reached its highest level during the second quarter of the year, since the country returned to democracy in the mid-1970s, due to the fact that companies cut more staff because of fears of a prolonged recession and the crisis of confidence among users. The unemployment rate rose to 24.6% from 24.4% in the first quarter, according to the National Statistics Institute, quoted by "Reuters".
The number of unemployed Spaniards rose to 5.7 million. The figure is the highest since current records, which date back to 1976, a year after the dictatorship in Spain ends with the death of Francisco Franco. The Spanish economy is stagnating or recession in early 2008 after the housing market collapsed.
Last recession, which began in the first quarter is expected to continue next year, and the government announced last week that it expects unemployment femail to fall much below 22% until 2015 at least.
Almost a third of all those unemployed in the euro area are in Spain, and young people are the worst hit. According to the statistical agency Eurostat, femail the EU, half of the people in the country to 26 are unemployed.
Quote of the day
Stoycho Vlaykov femail is the founder and manager of Cashwave. It is also a serial entrepreneur whose passion is to create elegant and easy-to-use technology products and commercialization. He is the founder and manager of M Telecom / Welt - a leading mobile content and marketing in Bulgaria, as well as business development manager at Yahoo! in London, UK. Co-founder of Reachout.bg, a nonprofit organization that promotes education and development of children deprived of parental care. He graduated from Management Information Systems at the University of Economics in Vienna, Austria.
Last Video
of currency AUD BGN BRL CAD CHF CNY CZK DKK EUR GBP HKD HRK HUF IDR ILS INR JPY KRW LTL MXN MYR NOK NZD PHP PLN RON RUB SEK SGD THB TRY USD ZAR currency to AUD BGN BRL CAD CHF CNY CZK DKK EUR GBP HKD HRK HUF IDR ILS INR JPY KRW LTL MXN MYR NOK NZD PHP PLN RON RUB SEK SGD THB TRY USD ZAR
Sofia 1301 str. "George Washington" femail 12, fl. 2 and 3
Website development femail by M6 Solutions
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