Spain jobless rate surges to 20.33 percent

Discussion in 'Financial Cents' started by Quigley_Sharps, Jan 29, 2011.


  1. Quigley_Sharps

    Quigley_Sharps The Badministrator Administrator Founding Member

    Spain jobless rate surges to 20.33 percent

    MADRID (AFP) - Spain announced Friday its jobless rate surged to a 13-year record above 20 percent at the end of 2010, the highest level in the industrialised world, as the economy gasped for air.
     
    Last edited by a moderator: Dec 15, 2013
  2. Quigley_Sharps

    Quigley_Sharps The Badministrator Administrator Founding Member

    Arab world unrest has Jordan's king under pressure
    AMMAN, Jordan - Unrest ripping across the Arab world is putting pressure on Jordan's King Abdullah II, a key U.S. ally who has been making promises of reform in recent days in an apparent attempt to quell domestic discontent over economic degradation and lack of political freedoms.
     
    Last edited by a moderator: Dec 15, 2013
  3. Quigley_Sharps

    Quigley_Sharps The Badministrator Administrator Founding Member

    Last edited by a moderator: Dec 15, 2013
  4. Quigley_Sharps

    Quigley_Sharps The Badministrator Administrator Founding Member

    Saudi exchange tumbles on Egypt protests CAIRO - Saudi Arabia's stock exchange tumbled by over 6 percent on Saturday, setting the stage for other regional markets to drop as concerns mounted about the violent protests in Egypt.
     
    Last edited by a moderator: Dec 15, 2013
  5. Quigley_Sharps

    Quigley_Sharps The Badministrator Administrator Founding Member

    Specter of currency war rears its head at Davos

    DAVOS, Switzerland - A fight is looming between rich and poor countries over the value of the dollar and other key currencies, as governments use monetary tricks to boost their national recovery at the expense of other nations, political and business leaders warned Saturday.
     
    Last edited by a moderator: Dec 15, 2013
  6. Quigley_Sharps

    Quigley_Sharps The Badministrator Administrator Founding Member

    Here it comes, hold on tight.
     
  7. Cephus

    Cephus Monkey+++ Founding Member

    Dominoes begin to fall.
    What comes next and how will it be handled .
    Take care of the 3 B's first and hope it passes you by .
     
  8. ghrit

    ghrit Ambulatory anachronism Administrator Founding Member

    All that, and oil went up nearly 4 bux a bbl in the futures mkt yesterday.
     
  9. franks71vw

    franks71vw Monkey+++

    Can't wait i have my popcorn ready....
     
  10. BAT1

    BAT1 Cowboys know no fear

    This has CIA written all over it. The people want the CIA puppets out. They send in the revolt team, remove him and put another one in. In the case with Egypt, it will probably be Mohammad Elbaradei, another CIA puppet. Jordan will be next.
     
  11. Brokor

    Brokor Live Free or Cry Moderator Site Supporter+++ Founding Member

    Tunisia, Jordan, Algeria, Yemen and Kaliningrad this month have also undergone similar changes. This isn't just limited to Egypt.
     
  12. Pax Mentis

    Pax Mentis Philosopher King Site Supporter

    If we used real unemployed stats instead of just the number getting Unemployment Insurance, ours would be close to that...

    Just sayin'

    :rolleyes:
     
  13. Equilibrium

    Equilibrium Monkey++

    It's my understanding we don't count those previously employed that are now incarcerated and we used to during the Great Depression. It's also my understanding we don't count anyone whose unemployment benefits ran out or those forced into early retirement or youth out of college who can't find a job as we did in the 1930's. I'm pretty sure we don't count self-employed any longer and we did at one time. Would somebody correct me because I read we don't aggregate the way we used to any longer but I don't quite have a good understanding of who's included in the "official" count and who isn't. I guess what I'm asking is who is backed out of the "official" 2011 count of 2011 for the sake of appearances?
     
  14. Pax Mentis

    Pax Mentis Philosopher King Site Supporter

    As I understand it...and I have been mistaken in the past (once)...only those receiving Unemployment Insurance benefits are counted.
     
  15. Equilibrium

    Equilibrium Monkey++

    How convenient.... perpetuation of an illusion.
     
  16. UGRev

    UGRev Get on with it!

    This is correct. Adding to that funny little math problem, if everyone was out of a job, there would be 100% employment.. according to their math games.
     
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