ARE YOU SITTING DOWN? Check Out The Latest Youth Unemployment Number In Spain

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%.

chart

Photo: Eurostat

Meanwhile, the economy is shrinking furiously, and the government is cutting spending aggressively.

It’s no wonder the people are beginning to riot >
UPDATE: Check out this chart for a long-term look at youth unemployment across Europe >

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