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Old 09-27-2009, 11:20 PM
 
Location: Michigan
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MADRID, Sept. 25 (UPI) -- Researchers in Madrid said unemployment would likely peak at 25 percent in Spain in the next three years with the building industry's losses escalating.

RR de Acuna & Asociados said losses in the real estate and housing industry could contribute to an 11 percent drop in Spain's gross domestic product, The Daily Telegraph reported Friday.

Spain's unemployment could hit 25 percent - UPI.com
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Old 09-28-2009, 12:22 AM
 
Location: Seattle area
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this is a tragedy
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Old 09-28-2009, 05:44 AM
 
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John

Not real, a lot of submerged economy.
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