Breaking News, World News and Taiwan News.

Updated Saturday, July 31, 2010 10:17 pm TWN, AP

Spain second quarter jobless rate up to 13-year high of 20.09 percent

MADRID -- Spain's unemployment rate rose to a 13-year high of 20.09 percent in the second quarter, the government said Friday, as the job market lagged behind an economy that has barely managed to break out of recession.

Though the rate increased from 20.05 percent in the first three months of the year, the National Statistics Institute said the number of people working actually increased. Still, the overall unemployment rate rose to its highest level since 1997 because of a large increase in the work force.

Subscribe to The China Post and save 25%. Click here

Share

Print

Email


Sponsors
▪	Save 70% for hotel in Shanghai and 6000 hotels, in Beijing, Guangzhou, Shenzhen, and all China.
▪	Get the best deals for Guangzhou Hotels or choose from more than 10,000 hotels in 499 Chinese cities.
▪	Find great real time deals on China Flights. Book flights to China or China domestic flights 24/7.
▪	Buy china wholesale products from reliable chinese wholesalers on DHgate.com!