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Spain Unemployment At Record High in Third Quarter

Writer's picture: OurStudioOurStudio

About a quarter of people in recession-hit Spain are unemployed, new figures have shown.

The unemployment rate rose to 25% in the third quarter, from 24.6% in the previous three months, Spain's National Statistic Institute said.

Among workers aged 16-24, the jobless rate was flat at about 52%.

The figures confirm those by the EU statistics agency, which has said that unemployment in the eurozone is at a high of 18.2 million.

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