Unemployment Rising in Spain
Amid good (guarded) news from Europe and good (guarded) news from the United States on the economic front, there’s bad news coming from Spain: unemployment is continuing to rise. One of the protest movements (The Indignants movement) there is believed to have partially inspired Occupy Wall Street:
Note that in Spain as in the United States they are now talking about a “lost generation” of young people who are finding their dreams and hard work most likely cannot be translated into making a living. Some demonstrate and some in Spain realize that they need to go abroad.