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Daily Digit: 4.9m out of work in Spain

Tuesday, December 04, 2012 - 01:01

Dec. 4 - New government data shows that 4.9 million people in Spain are out of work - that's a rise in the monthly unemployment rate of 1.5 percent. Sonia Legg reports.

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4.9 million is today's Daily Digit in Europe - the number of people out of work in Spain - according to the government. An extra 74,000 people joined the queues at job centres in November - that's a 1.5 percent monthly increase and a fourth consecutive rise. The figures are likely to fuel anger over the government's austerity measures which many believe unfairly target the middle and lower classes. (SOUNDBITE) (Spanish) RESIDENT SUNI CORDON SAYING: "I wish there was more work but things are getting worse, nothing's changing." (SOUNDBITE) (Spanish) RESIDENT DAVID MOISES SAYING: "I think it's going to be at least two years before anything improves - we'll be struggling well into 2016." Demonstrations against cuts are now part of Spain's landscape. The euro zone's fourth largest economy remains in recession and these job figures aren't even considered the best gauge of the market. That honour goes to the unemployment rate which is even worse - last quarter it hit a record 25 percent.

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Daily Digit: 4.9m out of work in Spain

Tuesday, December 04, 2012 - 01:01

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