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Thursday, April 25, 2013

Unemployment at Spain hits 27.2%; 6 million jobless

Ad Majorem.....Wealth Builders

From Al Jazeera

Jobless rate in Madrid hits 27.2 per cent, a rate equalled only in Greece.  Some 6.2 million are unemployed.  Migrants, in the absence of jobs have returned home.  Even France unemployment is double digit.  At UK it is at 7 % almost same as that of USA.

What does this mean for OFW?  Will OFWs working in Spain come home?

Will dollar remittances be affected?

http://aje.me/15P5gel


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