25.1 percent unemployment in Spain

 

Where jobs aren't: Spain, Greece, some surprises

The euro area was pegged with an unemployment rate of 11.3% in July. To qualify here a country’s joblessness had to be at least one percentage point above that average.

EUrope in CRisis | Topics: Europe

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Here is how the rest of the world’s weakest-employment economies measure up, with the worst listed last:

Poland — unemployment rate (July): 12.3%

Egypt — unemployment rate (second quarter 2012): 12.6%

Slovakia — unemployment rate (July): 13.3%

Ireland — unemployment rate (August): 14.7%

Portugal — unemployment rate (second quarter 2012): 15%

Latvia — unemployment rate (second quarter 2012): 16.1%

Greece — unemployment rate (June): 24.4%

South Africa — unemployment rate (second quarter 2012): 24.9%

Spain — unemployment rate (July): 25.1%

For more details and analysis, see: Nations with the Highest Unemployment Rates at 24/7 Wall St. 

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Where jobs aren't: Spain, Greece, some surprises

An unemployment rate of 24% or 25% puts a country about where the U.S. was during the 1930s during the Great Depression just before World War II. In this kind of situation unless there is a well functioning welfare state in place you can expect crime rates to go up incredibly until this changes to a lower unemployment rate in that country. If two of the major countries in europe are presently in this dire a state it will tend to draw other nearby nations into similar states like Portugal, Ireland and Eastern european Nations. This will also both directly indirectly will affect not only european nations but also North African Nations and indirectly the U.S. and North and South American nations as well as other parts of the world.

The three factors of Global Climate change and overpopulation and Globalization I believe are the primary causes of all these problems. And I don't think enough attention is being given to the real causes in order to not panic people who don't seem to understand this. Maybe it is because for most people these issues seem to be too big to deal with. But, I bet if people were standing on a hiway somewhere and watching a large semi truck bear down on them at 60 mph they would scatter off the road somehow before it hit them. However, humanity at large is presently being knocked off this road by the hundreds and thousands now all the time by Global Climate change, overpopulation and Globalization. All you have to do is to compile the death records worldwide form weather, earthquakes, tsunamis etc. to see how much faster people are dying now because there are so many more of us than just after World War II. We went from 1 to 2 billion now to 7 billion so this will only mean larger and larger groups of people will die in weather events worldwide because of our ever increasing numbers.

Unfortunately, I'm beginning to see that weather problems likely are just going to get worse and worse worldwide until populations will reduce on their own with or without government intervention into these problems. I think we likely are within 20 to 40 years of the tipping point where world populations will begin to die off faster than they can be born or fed. I think most governments prefer this outcome to actually doing anything actual about the real underlying problems because politically it would be suicide to do otherwise.