Record unemployment - glimmer of hope

Published on 5 January 2011 at 08:01


"4,100,073": ABC posts the Spanish jobless count in December on its front-page streamer. 2010 set "a new record for annual unemployment”, observesthe conservative Spanish daily, adding that “over half the Spanish think 2011 is going to be worse". That "goes to show how pessimistic and doubtful the Spanish are about their future prospects in view of dimming economic prospects and the chaotic handling of the crisis” by Zapatero’s government. Público, on the other hand, believes “the jobless rate has peaked” because the month of December saw the greatest monthly drop in unemployment in a decade. The left-leaning daily is convinced that, for the government, “2010 will be the last year of the job market crisis.”

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