Relevant:
- Greece's November Unemployment Rate Increases to 20.9%
- Spanish jobless rate 24.6pc, youth unemployment at 53pc
- European Union reaches highest unemployment rate since crisis started -- Spain hits 25 percent unemployment rate for first time. The missing EU crisis headlines.
- Spanish Home Sales Declined for Third Month as Unemployment Rate Tops 20%
- U.S. Home Resales Fall; Prices Drop by Record 13.2%
2012-09-14 — bloomberg.com
Spain, which forecasts an economic contraction of 1.7 percent this year, is in its second recession in three years. The country's 25 percent unemployment rate is Europe's highest and has diminished lending for residential real estate.
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