Spanish unemployment rate reaches 26.6% in Nov
Updated: 2013-01-09 10:41
(Xinhua)
|
|||||||||||
MADRID - Spain's unemployment rate reached 26.6 percent in November, up 0.4 percent from October and 3.6 percent year-on-year, the European Union's statistical office said Tuesday.
The increase of jobless Spaniards set a new record in the country, Eurostat said in a report, adding that Spain's unemployment rate was also the highest in the EU.
The data confirms the Organization for Economic Cooperation and Development (OECD)'s prediction in November, which said Spain's unemployment rate would reach 26.9 percent in 2013 and fall to 26.6 percent by the end of 2014 thanks to a slight improvement in the economic situation.
The EU's Employment Commissioner Laszlo Andor said the new data showed that Spain's unemployment growth could have reached a peak and would stop rising.
However, he highlighted the worrying situation of youth unemployment which sees around 50 percent of people aged 25 or under without a job, urging the Spanish government to design a political strategy to reduce unemployment.
Related Stories
Spain reigns as rebuilding in Brazil begins 2012-12-27 08:02
Over 50 demonstrations held in Spain against reforms 2012-12-18 04:59
Spain suffers economic, social tension in 2012 2012-12-17 11:32
Disabled protest in Spain over austerity measures 2012-12-03 02:47
OECD encourages Spain to raise sales tax 2012-11-30 09:29
Today's Top News
President Xi confident in recovery from quake
H7N9 update: 104 cases, 21 deaths
Telecom workers restore links
Coal mine blast kills 18 in Jilin
Intl scholarship puts China on the map
More bird flu patients discharged
Gold loses sheen, but still a safe bet
US 'turns blind eye to human rights'
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
All-out efforts to save lives |
Liaoning: China's oceangoing giant |
Poultry industry under pressure |
'Spring' in the air for NGOs? |
Boy set to drive Chinese golf |
Latest technology gets people talking |