<h1 class="subheadlinemain"><a title="Permanent Link to Eurozone casualty: Spain’s unemployment rate hits 22.9%" rel="bookmark" rel="nofollow" href="http://www.infowars.com/eurozone-casu ... s-22-9/">Eurozone casualty: Spain’s unemployment rate hits 22.9%<br />
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<p><a target="_blank" rel="nofollow" href="http://www.independent.co.uk/news/wor ... ;><strong>AP/The Independent</strong><br />
</a>March 2, 2012</p>
<p><strong>The number of people claiming unemployment benefit in Spain rose by 112,269 in January, taking the overall figure to 4.7 million.</strong></p>
<p><img height="203" width="364" alt="" src="http://t1.gstatic.com/images?q=tbn:AN ... UgoUB0fiA3YrNJTFeKQ" title="Spain austerity cuts" class="alignleft" /></p>
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<p>Spain’s unemployment rate stands at 22.9%, the highest in the 17-nation eurozone.</p>
<p align="left">The Spanish economy posted negative growth in the fourth quarter of last year and is expected to enter recession this quarter.</p>
<p align="left">The new right-leaning Popular Party government has introduced a series of reforms in a desperate attempt to shake up the economy but it acknowledges that unemployment is likely to continue rising throughout this year.</p>
<p align="left"><strong><a target="_blank" rel="nofollow" href="http://www.independent.co.uk/news/wor ... 469750.html">Read full report here</a></strong></p>
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