Spanish jobless rate hits record 24.4%

Spanish jobless rate hits record 24.4%

PanARMENIAN.Net - Unemployment in Spain has risen to 24.4% in the first quarter of this year - up from 22.9% in the fourth quarter of 2011, Belfast Telegraph reported.

The Spanish National Statistics Institute said that 365,900 more people lost their jobs in the first three months of the year, taking the total out of work to 5.6 million.

The number of households with every member unemployed rose by 153,400 to 1.7 million.

Spain's unemployment rate is the highest in the 17-nation eurozone.

 Top stories
Investigators say they found a militant ring in Sardinia, with a suicide attacker potentially planning to target the Holy See.
“Every day Americans need a champion, and I want to be that champion, so you can do more than just get by,” Clinton said.
Defense team say he took part in the bombing, but argue that his elder brother, Tamerlan, was the mastermind of the attack.
The framework is contingent on reaching an agreement by June 30. All sanctions on Iran remain in place until a final deal.
Partner news
Soghomon Tehlirian assassinated Talaat Pasha on March 15, 1921

Operation Nemesis was a covert operation by the Armenian Revolutionary Federation carried out from 1920 to 1922, during which a number of former Ottoman political and military figures were assassinated for their role in the Armenian Genocide.