What about Spain's unemployment of 18.1%

Discussion in 'Economics' started by Financial Saint, Mar 9, 2010.

  1. According to the current study the current unemployment rate for Spain is around 18.1% and youth unemployment at about 40% (16-24years of age)On the other hand Greece's unemployment rate is at 10.6% and the youth unemployment rate of 27.8% (16-24years of age)

    I guess the question is what about Spain? Spain is a much larger economy than Greece (4time larger)
  2. Maybe they are just honest and accurate in their figures.

    I know the USA isn't.