Spain unemployment

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Spain Sinks Back Into Recession

Unemployment tops 24%, officials committed to further cuts

(Newser) - Hot on the heels of Britain's slide back into recession , now Spain is officially in its second recession in three years, reports the BBC . Spain's National Statistical Institute said the economy shrank 0.3% last quarter, following a 0.3% contraction in the fourth quarter of 2011. As... More »

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