Peering into Our Future? Spain’s Unemployment at 17 Percent

Actually, I’m not referring to the level of unemployment when I say “Peering into Our Future.” If you follow Shadow Stats, you’ll know that we’ve already gone well past that figure (into the 20-percent range).

What I’m referring to is the black market that developed in response to the recession, which has become a major source of income for the unemployed.

Also, a spate of labor laws make it easier for people to be unemployed in Europe (while offering almost no chance for advancement or career change during normal times).

So, if you want to know our future under Obama, read “Spain Largely Avoids Unrest Even as Economy Slumps.”


NOTE: The details in this blog are provided for informational purposes only. All answers are general in nature and do not constitute legal advice. If legal advice or other expert assistance is required, the services of a competent professional should be sought. The author specifically disclaims any and all liability arising directly or indirectly from the reliance on or use of this blog.
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