JOBLESS SPAIN: Spain’s unemployment rate rose to 24.63 percent in the second quarter, up 0.19 percentage points from the previous three months, according to the National Statistics Institute. Spain is suffering unemployment rates unseen anywhere else in the eurozone.
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WORSE FOR YOUNG: For those under 25 years of age, the unemployment rate climbed to 53 percent, from 52 percent in the previous quarter.
BAILOUT AVOIDABLE?: Spain is battling to avoid having to seek a full-blown financial bailout as tries to emerge from its second recession in three years and to convince investors it can manage its finances.
