Many workers aged 16 to 24 who took jobs when the Spanish economy was healthy are now out of work as the unemployment rate for the group nears 43 percent.
Jobless Rate Holds Steady, Raising Hopes of Recovery
The economy in February shed 36,000 nonfarm jobs, fewer than forecast, as the unemployment rate held at 9.7 percent, the Labor Department said on Friday.
U.S. jobless rate dropped to 9.7 percent in January
The unemployment rate dropped unexpectedly in January to 9.7 percent, while employers shed 20,000 jobs, according to a report that offered hope the economy will add jobs soon.
467K jobs cut in June; jobless rate at 9.5 percent
WASHINGTON - Employers cut a larger-than-expected 467,000 jobs in June and the unemployment rate climbed to a 26-year high of 9.5 percent.
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