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Unemployment for Spanish under 25's now beyond 50pct

Tue 3rd Apr 2012
Unemployment for Spanish under 25's now beyond 50pct

Figures recently released by Eurostat, show how the Spanish unemployment figures for the Country's under 25's now stands at 50.5%.

The Luxembourg based Directorate of the European Commission found that unemployment increased throughout the Eurozone by 10.8% and wider EU member states by 10.2%.

Spain recorded the highest rate of unemployments across all age groups, with a rate of 23.6%.

February's results show Greece in second place with 21% and Portugal in third place with 15%.

In comparison Austria has rate of unemployment of just 4.0%, followed by the Netherlands with 4.9%, Luxembourg with 5.2% and Germany with 5.9%. Out of the almost 25 million unemployed throughout the EU, 5.4 million are under the age of 25.

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