Spain’s unemployment rate soared to a new record of 27.2 per cent of the workforce in the first quarter of 2013, according to official figures.
The total number of unemployed people in Spain has now passed the six million figure, although the rate of the increase has slowed.
The figures underline Spain’s struggle to emerge from an economic crisis which began five years ago.
A big demonstration in Madrid is being planned against the austerity measures.
On Friday, Prime Minister Mariano Rajoy will unveil fiscal and policy measures aimed at halting recession in the eurozone’s fourth-largest economy.
January 28th 2012, News That Matters reported that unemployment in Spain had bypassed the lever of Germany in 1932. 22,8 per cent of the Spaniards were without work.
After that, it has only become worse.
I repeat my comment from 2012.
The similarities between Spain and the Weimar republic is striking.
The Weimar Republic struggled to fence off Fascism. Everything went well till 1928, with only 650.000 unemployed. In 1929 the number doubled, and doubled again in 1930.
The popularity of Nazism rose in almost parity with mass unemployment.
When the Nazi party got 36,9 per cent in 1932, there were 5,1 unemployed in Germany. The total population was 66 millions.
Spain has today 5,3 million unemployed, and the population stands at 46 million. The Kingdom has never renounced the horrors of its Fascist past. General Franco was never forced to leave the President palace, but died in peace in 1974.
The Coming of the Son of Man ] “And there will be signs in the sun, in the moon, and in the stars; and on the earth distress of nations, with perplexity, the sea and the waves roaring;
It is quit astonishing that Spain has a much higher unemployment rate than in the days of chaos that brought Hitler to power.
The call for the next European strongman is in the pipeline.
Here are the unemployment figures in Germany:
September 1929 ,
Written by Ivar