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Spain's unemployment rate shoots to record 27.16%

More than six million people in Spain are now without work.

Demonstrators shout slogans while carrying signs reading
Demonstrators shout slogans while carrying signs reading "We are not going away" and "We won't pay for this crisis" during a protest, Madrid, Spain, Sunday, April 7, 2013.
Image: Andres Kudacki/AP/Press Association Images

SPAIN’S UNEMPLOYMENT RATE soared to a new record of 27.16 percent of the workforce in the first quarter of 2013 as the number of those without jobs surpassed six million, official data showed Thursday.

The unemployment rate jumped from 26.02 percent in the previous quarter. The number of unemployed climbed by 237,400 people to 6.2 million, the National Statistics Institute said.

Spain’s youth unemployment rate is now 55.7 per cent, according to Eurostat.

- © AFP, 2013

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