Tag Archives: Spain Celebrates The “End Of The Recession” With 54% Youth Unemployment

ZeroHedge – Spain Celebrates The “End Of The Recession” With 54% Youth Unemployment, Highest Since January – 1 July 2014

ZeroHedgeWhen we were greeted by the latest batch of optimistic Spanish data this morning, such as the following:

we thought, we would see some actual “end of recession” signals when it came to the underlying economy, like for example: jobs actually being created. Alas no. According to the just released European employment data for May, total Spain unemployment remained unchanged in May at 25.1%, while youth unemployment has actually risen to 54.0% – the highest since January!

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