Unemployment in Spain has hit a record high of 25 percent in the third quarter of this year. If you do the math, that means nearly 6 million Spaniards are currently without a job.
Such high levels of unemployment were not seen since the Francisco Franco dictatorship ended in the mid-1970s. The unemployment rate ticked up to 25-percent in Q3 from 24.6-percent in Q2 and follows on the heels for calls of a general strike by labor unions across the country on November 14th. Protests are growing over cutbacks that many believe have done little to combat the crisis and only served to put more people out of work.