(CNN) A 25-year-old Spanish man has been ordered by a judge to leave home and look for a job after he took his parents to court for stopping his allowance money.
The man from Andalusia in southern Spain had taken the court action demanding a monthly allowance of $588 after his parents stopped giving him his spending money unless he tried to find a job.
(Bloomberg) The government says Spain’s unemployment rate rose sharply to 21.3 percent in the first quarter of 2011, leaving nearly 5 million people without work.
The rate compares with 20.3 percent at the close of 2010 and illustrates the huge challenges Spain faces as it tries to recover from nearly two years of recession and find a new economic model after depending for years on construction as the key driving force in its economy.
After visiting Spain and talking to a friend there, I suspect the unemployment figures aren’t quite as severe as listed. There seem to be a large number of Spaniards in undocumented but legal employment
Wait a minute- A socialist was elected there a few years ago, so your numbers must be wrong! I mean, everyone in Spain must be eating 3 squares, living in modern and well decorated homes, getting top drawer medical care and having their children educated to the highest standards. All while the wealthy cheerfully foot the bill in the interests of their fellow Spaniards of course, and the economy is growing like gangbusters. Cause socialism works, right? Right? Charley Muddy, doesn’t your favorite economic system work?
@ 2,
While both economies overly relied on the now-collapsed construction and housing industries to provide growth, the biggest differences are that Spaniards have access to affordable education to improve their skills, healthcare that won’t bankrupt them the instant something goes wrong, and a social benefits system that will help ensure they’re fed and sheltered, whereas formerly middle-class and poor Americans have paid trillions to bail out the super-rich and then been told to drop dead.