The latest European and Eurozone unemployment numbers are out.
They’re up again. Eurozone unemployment is up to 10.8% in February vs. 10.7% from the month earlier.
Here’s a table breaking all the data down.
But check out the youth unemployment column for February, and see the cell we’ve highlighted for Spain.
50.5 per cent!
As you can see at the very bottom of the same column, the comprable figure in the US is 16.5%.
Meanwhile, the economy is shrinking furiously, and the government is cutting spending aggressively.
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