There is no respite in sight for Spain’s unemployed.
The jobless rate there has now soared to its highest level since government statisticians first started keeping such records back in the 1970s.
It rose to 26 percent of the workforce in the final three months of last year, that was up from 25 percent in the previous quarter.
As one jobseeker in Madrid said, it won’t be a happy new year: “The prospects for 2013? Well, if 2012 was a bad year, you can imagine the prospects that Spaniards have, nothing. In the end we’ll all have to leave, just like our parents did, to emigrate.”
The prolonged recession and deep spending cuts pushed the total number of Spaniards who are out of work close to six million at the end of last year.
That is up from 5.27 million, a year earlier, and 4.69 million the year before that.
The Madrid government continues to try to put the best spin on the figures, economy minister Fernando Jiménez Latorre said: “We expect that this year, the economic activity will develop and the labour market decline will be less, so we’ll end the year with positive numbers.”
That cut no ice with union leader Candido Méndez with the UGT who called labour market reform “a deadly machine destroying Spanish jobs.”
Behind the packed job centres are government efforts to lower one of the eurozone’s largest deficits with billions of euros of spending cuts and tax hikes.
Economists are gloomy, expecting the recession to last at least until the end of this year.
Copyright © 2014 euronewsMore about:
- 1UN peacekeepers’ “greatest escape” from Syrian rebels as they sleep
- 2Seriously ill boy removed from UK hospital found in Spain
- 3Japan sounds bluefin warning, calls for 50% catch cut
- 4EU leaders name Donald Tusk European Council president
- 5Russia hits back at Canada after sarcastic jibe over Ukraine crisis
- 1Hoverbike on the horizon | euronews, hi-tech
- 2Rosetta the comet hunter arrives at its target | euronews, space
- 3Ellen MacArthur: making waves on a journey to a circular economy | euronews, the global conversation
- 4Japanese company brings the beach lifestyle to business | euronews, world news
- 5Earth Overshoot Day arrives earlier as we consume too much | euronews, economy
- 6Canada sends hilarious barb to Russia over Ukraine ‘incursions’ | euronews, world news
- 7#ن: How an Arabic letter was reclaimed to support Iraq’s persecuted Christians | euronews, world news
- 8US warns Russia that Ukraine aid delivery would be ‘viewed as an invasion’ | euronews, world news
- 9Renewing your driving licence within the EU | euronews, u talk
- 10Russian aid convoy is ‘direct invasion’ says Ukraine | euronews, world news
- 11Elephants smell better | euronews, science
- 12Wikimedia says taking a selfie is monkey business | euronews, world news
- 13Hundreds of Ukranian troops retreat across border to Russia | euronews, world news
- 14Edward Snowden: after one year in Russia, what now for the NSA whistleblower? | euronews, world news
- 15No candidates are likely to thwart Erdogan, says polling analyst | euronews, news
- 16Islamists seize border post between Syria and Israeli-occupied Golan Heights | euronews, world news
- 17Voting in Turkey’s Presidential election underway | euronews, world news
- 18WW1 centenary day ends with ‘Lights Out’ across UK | euronews, world news
- 19Love learning, stop hating! | euronews, generation y
- 20Money talks: divided Lithuania prepares to join the euro | euronews, reporter
Wires > News
- 13:02 CET Philippines foils car-bomb plot at airport, shopping mall
- 12:59 CET Bosnia police detain 13 Serb ex-soldiers, police suspected of war…
- 12:44 CET Swedish government to boost spending on jobs, welfare if reelected
- 12:34 CET Turkish foreign ministry summons U.S. envoy over spying report
- 12:26 CET Fighting erupts between Syrian army, rebels on Golan Heights
- 12:21 CET Libyan government says has lost control of most Tripoli ministries
- 11:59 CET Tests show no sign of Ebola in Swedish man
- 11:55 CET Turkish Deputy PM Babacan to keep responsibility for economy -…