Unemployment in Spain tops five million

By | January 30, 2012

Unemployment in Spain tops five million

The outlook for the European economy turned a shade darker yesterday after new figures showed that Spain’s jobless total had surged beyond the five million mark for the first time since modern records began, with the unemployment rate rising to 22.9 per cent.

The increase to 5,273,600 in the final quarter of 2011 means 1.5 million households now have no wageearners. The dismal figures also reinforced Spain’s position as the country with Europe’s worst unemployment rate.

But after five years of relentlessly rising dole queues, perhaps the most shocking figure of all is that 48.6 per cent of its under 24-year-olds are now out of work. Since 2008, the youth unemployment total has almost tripled, to nearly 900,000.

Comment:

There is plenty of work that needs to be done , leave the government out of it. Use a negotiated barter system. examples . Trade a chicken for a hair cut. Do yard work for a few days in exchange for a pair of pants and a shirt. Haul some trash and cut the grass for a meal. A neighborhood of like minded citizens can meet and negotiate exchange rates and settle disputes between parties. You don’t need government generated cash to eat and find shelter and clothe yourselves. You can have a working society that exchanges services for goods that can be negotiated for or priced beforehand.
All native populations did this as a normal thing before the rise of governments and generation of money and taxes on labor of citizens to support works for the common good and defense.  Just step back to a barter system until the economic system improves. A barter system is the first step to an economic improvement of the system. You can use any medium of exchange that is agreed on between you and your neighbor from pretty sea shells to horseshoes. The medium has to be either rare, decorative, or results from the labor of man, the basic unit of wealth. Meet with a few friends and give it a try. You’ll be surprised to see it works. Take care. …

via Unemployment in Spain tops five million – Europe – World – The Independent.

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