Unemployment in Spain hits 17%

The BBC states that Unemployment in Spain is around 17%. So what does this figure mean?

Well Wikipedia states that Spain has a population of around 47 million. 17% of this number (which of course isn’t the actual number of unemployed people, since babies and retired people don’t work hopefully) is 7,990,000.

8 million unemployed people. That’s twice the population of New Zealand. All unemployed.

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