Unemployment to reach 27% in Spain?
29 January 2012 @ 20:42
I've just been reading that investment bank JP Morgan is predicting that unemployment could reach 27% in 2012. Citigroup is also predicting further rises to the unemployment levels, with Citigroup expecting it to reach 26%.
The unemployment rate currently stands at just under 23%, or 5.3 million people. Truly mind blowing numbers! When will the Spanish finally twig that this is not a price worth paying to be part of the euro zone?
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