Spanish unemployement rises in second quarter 2008

Unemployment in Spain is up to 10.44 per cent in the second quarter of 2008, from 9.6 per cent in the first quarter, according to the Instituto Nacional de Estadísticas (INE) (National Statistics Institute) and is predicted by the Government to rise to 11 per cent in 2009. It had reached an historic low in 2007 of 7.95 per cent, but in the third quarter the rate began to rise, because of the