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Posts related to ‘Spain unemployment’

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Greece, Spain Unemployment Rates Still the Highest in the EU

Posted: April 30, 2013 at 7:00 am

Unemployment in the euro area grew again in March, supporting the obvious conclusion that a lack of stimulus, terribly high unemployment and the crippling of the financial and industrial sectors ...
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The Countries with the Highest Unemployment

Posted: April 18, 2013 at 6:25 am

The U.S. unemployment rate continues to tick down, hitting a more than four-year low of just 7.6% in March. In much of Europe, however, the situation is very different. If ...
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Record High European Unemployment — Eurostat

Posted: April 2, 2013 at 7:05 am

Eurostat reported that unemployment in 17-nation euro area continues to hover at 12%. It is worth remembering that, at the depths of the recession, U.S. joblessness barely topped 10% during ...
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Spain’s Unemployment Edges Closer to 5 Million

Posted: December 4, 2012 at 6:54 am

Spain's number of unemployed reached a the staggering level of 4,907,817 last month, according to the government's labor arm. That almost certainly means that the 25% unemployment figure the nation ...
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Unemployment in the EU Is Still Rising

Posted: November 30, 2012 at 6:59 am

Eurostat reports that unemployment in the euro area has risen again: The euro area (EA17) seasonally-adjusted unemployment rate was 11.7% in October 2012, up from 11.6% in September. The EU271 ...
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Another Jump in Spain’s Unemployment

Posted: November 5, 2012 at 6:10 am

Spain's Ministry of Employment and Social Security released data showing that unemployment rose 2.7% in October, which translated into a jobless count of "4.833.521 personas." If the figures are accurate, ...
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Eurozone Unemployment Rate Hits a Record 11.6%

Posted: October 31, 2012 at 8:21 am

The EU statistics agency Eurostat reports that the unemployment rate in the eurozone climbed to a record 11.6% in September. That was up from the 11.5% reported for August, and ...
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Spain Slips Further into Recession

Posted: October 30, 2012 at 7:10 am

Spain slipped further into recession, which means that its need for aid has accelerated. Its gross domestic product for the third quarter dropped 0.3%, on top of a drop of ...
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Eurozone Unemployment Rises in August

Posted: October 1, 2012 at 6:05 am

The unemployment level in the euro area (EA17) rose to 11.4% in August, which matched July's number. The jobless figure for the broader EU27 was 10.5%. Both figures demonstrate the ...
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Nations with the Highest Unemployment Rates

Posted: September 7, 2012 at 9:12 am

This week's economic and market news headlines have been dominated largely by Mario Draghi's bond-buying program and now by an official unemployment rate of 8.1% with only 96,000 payrolls added in the ...
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Eurozone Joblessness at All-Time High

Posted: August 31, 2012 at 8:38 am

The unemployment rate for the 17 member nations of the eurozone did not change in July, holding steady at 11.3%. What did change was the raw number of unemployed, which ...
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Spain’s Flat Spin Continues as GDP Falls

Posted: August 28, 2012 at 6:33 am

The notion that Spain's economy could recover from the current flat spin on its own always was wildly improbable. The country does not have the means, either in its manufacturing, financial or service ...
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What’s Important in the Financial World (4/6/2012) Samsung Profits, JCPenney Layoffs

Posted: April 6, 2012 at 6:10 am

JCPenney (NYSE: JCP) will cut 900 jobs at its headquarters, which is about 13% of the total. New CEO Ron Johnson, formerly of Apple (NASDAQ: AAPL), claims this will turn ...
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Media Digest (2/2/2012) Reuters, WSJ, NYT, FT, Bloomberg

Posted: February 2, 2012 at 4:10 am

Glencore and Xstrata are in merger talks. (Reuters) A federal mortgage deal with banks over mortgage fraud would give states enforcement power. (Reuters) Sony (NYSE: SNE) expects a $2.9 billion loss. ...
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Why America’s Financial Future Is Far Better Than Europe’s

Posted: December 28, 2011 at 6:27 am

A number of economists believe the U.S. debt burden, budget problems, recession and lack of growth will soon be the same as those now facing many EU nations. This would ...
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