Spain unemployment nears 5 million

Press Association
Updated
Spanish unemployment
Spanish unemployment

The number of people registered as unemployed in Spain is edging toward five million as the country's recession shows few signs of abating and its banks struggle to deal with a property market crash.


Spain's Labour Ministry said unemployment rose by 74,296 in November, or 1.5%, to a record high of 4.9 million.
%VIRTUAL-SkimlinksPromo%

Advertisement