Monday, March 04, 2013 3:30 am
Spain's jobless hits record 5 million in February
The Associated Press
The Labor Ministry said Monday that the number of people on the unemployment list in February jumped by 59,444 compared with January, making for a total of 5.04 million.
Spain is battling to emerge from its second recession in just over three years with its economy still reeling from the collapse of the once-booming real estate sector.
The country's unemployment rate was at 26 percent at the end of the fourth quarter.