Tuesday, April 27, 2010

Greece and Portugal Downgraded, but Spains Unemployment Soars to 20.05%

Portugal and Greece were downgraded today, but it is from Spain that come shocking leaked news:

  • Spain's unemployment rate in Q1 was 20.05%
  • 4.61M people unemployed
  • hihest since 1997
ABC newspaper says figures are the official data, to be published on Friday, but accidentally posted on the National Statistics Institute for a few minutes on Monday.

Forecast was 19.6%.

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