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| Spanish jobless total rises again | Spanish jobless total rises again |
| (40 minutes later) | |
| The number of unemployed people in Spain jumped by 154,058 in February, as the deepening recession forced companies to lay off more workers. | The number of unemployed people in Spain jumped by 154,058 in February, as the deepening recession forced companies to lay off more workers. |
| The total number of people out of work in Spain now stands at almost 3.5 million, official figures show. | The total number of people out of work in Spain now stands at almost 3.5 million, official figures show. |
| It means the number of unemployed has risen by more than 10% in the past two months alone, and 50% in a year. | It means the number of unemployed has risen by more than 10% in the past two months alone, and 50% in a year. |
| Although the rise is smaller than that in January, analysts expect many more Spaniards will soon be out work. | Although the rise is smaller than that in January, analysts expect many more Spaniards will soon be out work. |
| More job losses | More job losses |
| "We'll hit four million around the third quarter - in the summer we could get there , or even at the end of the second quarter," said Angel Laborda at Funcas. | "We'll hit four million around the third quarter - in the summer we could get there , or even at the end of the second quarter," said Angel Laborda at Funcas. |
| "This rate of job losses is going to drag on - the rate of decline has not hit the bottom." | "This rate of job losses is going to drag on - the rate of decline has not hit the bottom." |
| The situation is very bad here in Spain. We are European champions - not only in football, but also in unemployment Jose M Montero, Castellon, Spain Crisis tightens grip across Europe | |
| The official figure of 3.48 million claiming jobless benefit is the highest since 1996. | The official figure of 3.48 million claiming jobless benefit is the highest since 1996. |
| Spain has by far the highest unemployment rate in the EU. The latest quarterly figure, released at the end of 2008, was 13.9%. | Spain has by far the highest unemployment rate in the EU. The latest quarterly figure, released at the end of 2008, was 13.9%. |
| The European Commission has forecast that the rate will continue to increase in Spain to 16.1% in 2010 and 18.7% the following year. | The European Commission has forecast that the rate will continue to increase in Spain to 16.1% in 2010 and 18.7% the following year. |
| The ranks of Spain's unemployed have swelled by more than one million in the past year, with 199,000 workers losing their jobs in January alone. | The ranks of Spain's unemployed have swelled by more than one million in the past year, with 199,000 workers losing their jobs in January alone. |
| Spain was until recently one of Europe's fastest-growing economies, but the global financial crisis has hit the country hard, particularly affecting the property and construction sectors. | Spain was until recently one of Europe's fastest-growing economies, but the global financial crisis has hit the country hard, particularly affecting the property and construction sectors. |