28 Jul '12, 2pm

Eurocrisis: No Jobs? Make Art and Go to the Theater! | Care2 Causes

Eurocrisis: No Jobs? Make Art and Go to the Theater! | Care2 Causes

Nearly 1 out of 4 people in Spain are out of work . That’s almost 5.7 million people, according to figures released on Friday morning revealing that the unemployment rate in Spain is now 24.6 percent, breaking the previous record during a recession Spain went through 18 years ago. It is even worse if you’re under 25 in Spain: The youth unemployment rate is 53 percent. In Greece, things are barely better: Unemployment is 22 percent, youth unemployment is 52 percent and 0.6 percent of the country’s 5 million-person workforce migrated to Germany in 2011. That’s 25,000 Greeks. A survey in the widely-read Ta Nea daily found that about half of young Greeks graduating from technical schools want to emigrate. About 40 percent of young graduates in Spain, Portugal and Italy are “thinking” of leaving their countries. The International Monetary Fund is warning that Spain faces a lost...

Full article: http://www.care2.com/causes/eurocrisis-no-jobs-make-art.html

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